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Injective
@Injective
The fastest layer 1 blockchain with the lowest fees. Backed by Binance, Pantera & Mark Cuban.
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Gaming Giant Gumi Joins Injective As a Validator
gumi, one of the largest Web2 gaming publishers worldwide, is joining Injective as its latest validator. This marks a significant addition to the leading group of global validators powering Injective, which is now one of the largest proof-of-stake (PoS) networks in history.
gumi boasts millions of active gamers across some of the most popular mobile gaming titles to date. Now, gumi aims to pioneer a new era of GameFi alongside Injective.
What is gumi?
As the leading Japanese mobile game company, gumi has not only been a major player in the mobile online gaming industry but has recently begun to extend its reach into exploring innovative Web3 technologies.
gumi has worked to create some of the largest mobile games to date, and in the recent years, gumi has also ventured into Web3 gaming and built out a venture arm that includes investments across gaming, VR, AR and more.
gumi’s Value in the Injective Ecosystem
gumi’s onboarding will further develop Injective’s international footprint in Japan, where over five million people own crypto. This collaboration also opens exciting new avenues for Web3 gaming, as gumi plans to bring its expertise and traditional gaming users into the Injective ecosystem. gumi will undoubtedly play a key role in paving the way for Injective's global expansion across Japan, Asia and beyond.
Furthermore, institutional Web2 validators like gumi are crucial for increasing the fast-growing institutional inflow into the broader Injective ecosystem. Injective aims to integrate the best of Web2 into Web3, and gumi is another step towards making that vision a reality.
With the onboarding of gumi, Injective continues on its path of rapid global expansion and remains at the forefront of the Web3 industry.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About gumi Inc.
gumi is one of the largest mobile game publishers worldwide. In the mobile online game business, gumi develops original titles as well as third-party IP titles. In the blockchain business, gumi develops blockchain games and invests in cutting edge tech sectors.
gumi boasts millions of active gamers across some of the most popular mobile gaming titles to date. Now, gumi aims to pioneer a new era of GameFi alongside Injective.
What is gumi?
As the leading Japanese mobile game company, gumi has not only been a major player in the mobile online gaming industry but has recently begun to extend its reach into exploring innovative Web3 technologies.
gumi has worked to create some of the largest mobile games to date, and in the recent years, gumi has also ventured into Web3 gaming and built out a venture arm that includes investments across gaming, VR, AR and more.
gumi’s Value in the Injective Ecosystem
gumi’s onboarding will further develop Injective’s international footprint in Japan, where over five million people own crypto. This collaboration also opens exciting new avenues for Web3 gaming, as gumi plans to bring its expertise and traditional gaming users into the Injective ecosystem. gumi will undoubtedly play a key role in paving the way for Injective's global expansion across Japan, Asia and beyond.
Furthermore, institutional Web2 validators like gumi are crucial for increasing the fast-growing institutional inflow into the broader Injective ecosystem. Injective aims to integrate the best of Web2 into Web3, and gumi is another step towards making that vision a reality.
With the onboarding of gumi, Injective continues on its path of rapid global expansion and remains at the forefront of the Web3 industry.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About gumi Inc.
gumi is one of the largest mobile game publishers worldwide. In the mobile online game business, gumi develops original titles as well as third-party IP titles. In the blockchain business, gumi develops blockchain games and invests in cutting edge tech sectors.
A Technical Introduction to Injective
It has never been easier to onboard onto Injective. Whether you are a backend or frontend developer, a smart contract engineer, or a node operator, Injective offers an unparalleled experience for all. This guide provides an introduction to building on Injective, along with links and references to where you can do a deeper dive into the topics that interest you most.
1. An Intro to Smart Contract Development and Installing injectived
Smart contracts on the Injective blockchain represent a next-generation, highly interoperable framework.
Injective's WebAssembly (WASM) smart contract layer provides a vast range of financial primitives, such as shared on-chain liquidity, oracle price feeds, cross-chain bridging, and unique execution capabilities, enabling the development of sophisticated decentralized applications (dApps).
A unique feature of Injective is its support for self-executing smart contracts, a novel primitive that expands application design possibilities and allows for the creation of fully decentralized, permissionless applications. Injective is also designed to facilitate blockchain interoperability, enabling seamless integration and cross-chain communication, thereby opening up new possibilities for innovative products and services that leverage the advantages of multiple blockchain networks simultaneously. Injective's commitment to blockchain interoperability, along with its sophisticated smart contract platform and financial infrastructure primitives, positions it as a leading force in the development of a more open, equitable, and decentralized financial system.
To get started developing Wasm native smart contracts, injectived must first be installed. injectived is the command-line interface (CLI) and daemon that connects to Injective, allowing developers to interact with it. It is essential for node/validator operations, programmatic account creation, funding accounts, and smart contracts launches on Injective. The documentation provides instructions for installing injectived using a Docker image, which simplifies the setup process for developers. However, if you prefer not to use Docker, you can install injectived from the binary and follow the provided installation instructions. The documentation also includes tips for using injectived with both the Injective mainnet and testnet via specifying the correct --node flag for each.
The linked documentation above also covers the basics of creating and interacting with smart contracts on Injective, including the structure of a basic smart contract and how to deploy it via injectived. It provides examples of Wasm based smart contracts, including a counter contract that increases and resets a counter to a given value. Other great resources for learning CosmWasm development include, CosmWasm Academy and Area-52, two great online and free courses.
2. Frontend Development and Getting Started with the Injective TypeScript SDK
Frontend development on Injective involves creating user interfaces that interact with the blockchain, allowing users to perform various actions such as managing assets, creating permissionless markets on Injective dApps, querying data from the blockchain, and more. The Injective TypeScript SDK (injective-ts module) provides a set of tools and libraries that simplify the process of building these interfaces. The best resource for getting started with the Injective TypeScript SDK is the documentation. Here you will find everything you need to successfully develop your first dApp on Injective.
Two links to highlight are the injective-ts-examples GitHub repo to view basic examples, such as how to send a transaction and query data on Injective. And the second, “Building dApps” section, to learn how to build a an application such as a DEX from scratch, as well as creating a smart contract and interacting with it via the injective-ts module.
3. API Trading and Getting Started with the Injective Python SDK
API trading across dApps built on Injective involves programmatically executing trades, managing orders, and accessing market data through the Injective API. The Injective Python SDK provides a convenient way to interact with the Injective API, allowing developers to build trading bots, automate trading strategies, and integrate Injective's capabilities into their applications.
Injective's architecture is designed to facilitate the creation and trading of arbitrary spot and derivative markets, incorporating on-chain limit orderbook management, trade execution, order matching, and transaction settlement via the Injective exchange module. This comprehensive approach ensures a seamless trading experience, from order placement to settlement, all managed on-chain.
Two primary services are central to the trading process:
The Chain API: Primarily designed for write operations, the Chain API directly queries the blockchain state from the node, providing immediate and direct access to the current state of the blockchain. This includes a limited set of API requests for reading data, focusing on the immediate and current state of the blockchain.
The Indexer API: Exclusively for read-only operations, the Indexer API reconstructs the blockchain state from events emitted by the chain, offering a comprehensive view of the network's state without direct access to the blockchain. Offers additional functionalities such as a broader range of methods, streaming support, gRPC integration, and the ability to fetch historical data, making it a more versatile tool for data retrieval compared to the Chain API.
The trading lifecycle begins with traders signing transactions containing order messages. These transactions are then broadcasted to an Injective node, where they are added to the mempool and eventually included in a block. During the block processing period, the handler for each message type is executed. Immediate processing is applied to order cancellation and liquidation messages, while order creation messages are queued for later processing.
At the end of the block, the batch auction process for order matching begins. Market orders are executed against the resting orderbook, and limit orders are matched against one another and the resting orderbook, resulting in an uncrossed orderbook. The chain then settles funds accordingly, creating positions for derivative trades and swapping assets for spot trades. Events containing trade and settlement information are emitted by the chain, which are then indexed by the Injective Exchange API backend and pushed to all subscribed traders.
The complete SDK documentation, with additional guides and examples, can be found here.
4. Introduction to Running a Node on Injective
Running a node on Injective is a critical step for developers and validators looking to participate in the network's operation. There are multiple ways to interact with an Injective node, including through the Command Line Interface (CLI) along with gRPC and REST endpoints. Each method offers unique advantages, depending on your specific needs and technical stack.
Option 1: CLI
The injectived CLI is a powerful tool for interacting with a node. Ensure your node is running in the terminal before using the CLI.
Option 2: gRPC
gRPC is a high-performance, open-source universal RPC framework that allows for efficient communication between services. The Protobuf ecosystem provides tools for generating client code from *.proto files, facilitating easy integration with various programming languages.
grpcurl: A command-line tool for interacting with gRPC services, similar to curl but for gRPC. It's useful for debugging and testing.
Programmatically: You can also interact with the node programmatically using Go, Python, or TypeScript. This involves creating a gRPC connection and using the generated client code to query the gRPC server.
Option 3: REST
All gRPC services are accessible via REST-based queries through gRPC-gateway, offering a convenient alternative for those not using gRPC. The URL paths are based on the Protobuf service method's full-qualified name, with some customizations for idiomatic URLs.
4. Developer Resources
As you begin your developer journey, feel free to refer back to this list for a comprehensive list of resources for developing on Injective.
Happy building ninjas!
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
1. An Intro to Smart Contract Development and Installing injectived
Smart contracts on the Injective blockchain represent a next-generation, highly interoperable framework.
Injective's WebAssembly (WASM) smart contract layer provides a vast range of financial primitives, such as shared on-chain liquidity, oracle price feeds, cross-chain bridging, and unique execution capabilities, enabling the development of sophisticated decentralized applications (dApps).
A unique feature of Injective is its support for self-executing smart contracts, a novel primitive that expands application design possibilities and allows for the creation of fully decentralized, permissionless applications. Injective is also designed to facilitate blockchain interoperability, enabling seamless integration and cross-chain communication, thereby opening up new possibilities for innovative products and services that leverage the advantages of multiple blockchain networks simultaneously. Injective's commitment to blockchain interoperability, along with its sophisticated smart contract platform and financial infrastructure primitives, positions it as a leading force in the development of a more open, equitable, and decentralized financial system.
To get started developing Wasm native smart contracts, injectived must first be installed. injectived is the command-line interface (CLI) and daemon that connects to Injective, allowing developers to interact with it. It is essential for node/validator operations, programmatic account creation, funding accounts, and smart contracts launches on Injective. The documentation provides instructions for installing injectived using a Docker image, which simplifies the setup process for developers. However, if you prefer not to use Docker, you can install injectived from the binary and follow the provided installation instructions. The documentation also includes tips for using injectived with both the Injective mainnet and testnet via specifying the correct --node flag for each.
The linked documentation above also covers the basics of creating and interacting with smart contracts on Injective, including the structure of a basic smart contract and how to deploy it via injectived. It provides examples of Wasm based smart contracts, including a counter contract that increases and resets a counter to a given value. Other great resources for learning CosmWasm development include, CosmWasm Academy and Area-52, two great online and free courses.
2. Frontend Development and Getting Started with the Injective TypeScript SDK
Frontend development on Injective involves creating user interfaces that interact with the blockchain, allowing users to perform various actions such as managing assets, creating permissionless markets on Injective dApps, querying data from the blockchain, and more. The Injective TypeScript SDK (injective-ts module) provides a set of tools and libraries that simplify the process of building these interfaces. The best resource for getting started with the Injective TypeScript SDK is the documentation. Here you will find everything you need to successfully develop your first dApp on Injective.
Two links to highlight are the injective-ts-examples GitHub repo to view basic examples, such as how to send a transaction and query data on Injective. And the second, “Building dApps” section, to learn how to build a an application such as a DEX from scratch, as well as creating a smart contract and interacting with it via the injective-ts module.
3. API Trading and Getting Started with the Injective Python SDK
API trading across dApps built on Injective involves programmatically executing trades, managing orders, and accessing market data through the Injective API. The Injective Python SDK provides a convenient way to interact with the Injective API, allowing developers to build trading bots, automate trading strategies, and integrate Injective's capabilities into their applications.
Injective's architecture is designed to facilitate the creation and trading of arbitrary spot and derivative markets, incorporating on-chain limit orderbook management, trade execution, order matching, and transaction settlement via the Injective exchange module. This comprehensive approach ensures a seamless trading experience, from order placement to settlement, all managed on-chain.
Two primary services are central to the trading process:
The Chain API: Primarily designed for write operations, the Chain API directly queries the blockchain state from the node, providing immediate and direct access to the current state of the blockchain. This includes a limited set of API requests for reading data, focusing on the immediate and current state of the blockchain.
The Indexer API: Exclusively for read-only operations, the Indexer API reconstructs the blockchain state from events emitted by the chain, offering a comprehensive view of the network's state without direct access to the blockchain. Offers additional functionalities such as a broader range of methods, streaming support, gRPC integration, and the ability to fetch historical data, making it a more versatile tool for data retrieval compared to the Chain API.
The trading lifecycle begins with traders signing transactions containing order messages. These transactions are then broadcasted to an Injective node, where they are added to the mempool and eventually included in a block. During the block processing period, the handler for each message type is executed. Immediate processing is applied to order cancellation and liquidation messages, while order creation messages are queued for later processing.
At the end of the block, the batch auction process for order matching begins. Market orders are executed against the resting orderbook, and limit orders are matched against one another and the resting orderbook, resulting in an uncrossed orderbook. The chain then settles funds accordingly, creating positions for derivative trades and swapping assets for spot trades. Events containing trade and settlement information are emitted by the chain, which are then indexed by the Injective Exchange API backend and pushed to all subscribed traders.
The complete SDK documentation, with additional guides and examples, can be found here.
4. Introduction to Running a Node on Injective
Running a node on Injective is a critical step for developers and validators looking to participate in the network's operation. There are multiple ways to interact with an Injective node, including through the Command Line Interface (CLI) along with gRPC and REST endpoints. Each method offers unique advantages, depending on your specific needs and technical stack.
Option 1: CLI
The injectived CLI is a powerful tool for interacting with a node. Ensure your node is running in the terminal before using the CLI.
Option 2: gRPC
gRPC is a high-performance, open-source universal RPC framework that allows for efficient communication between services. The Protobuf ecosystem provides tools for generating client code from *.proto files, facilitating easy integration with various programming languages.
grpcurl: A command-line tool for interacting with gRPC services, similar to curl but for gRPC. It's useful for debugging and testing.
Programmatically: You can also interact with the node programmatically using Go, Python, or TypeScript. This involves creating a gRPC connection and using the generated client code to query the gRPC server.
Option 3: REST
All gRPC services are accessible via REST-based queries through gRPC-gateway, offering a convenient alternative for those not using gRPC. The URL paths are based on the Protobuf service method's full-qualified name, with some customizations for idiomatic URLs.
4. Developer Resources
As you begin your developer journey, feel free to refer back to this list for a comprehensive list of resources for developing on Injective.
Happy building ninjas!
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
The May Community Update: New Releases, Helix 2.0 and More
Injective has once again proven its leadership in the DeFi sector through continuous advancements and innovative launches. This month brought huge achievements, and these developments highlight yet another series of impressive accomplishments in the Injective ecosystem.
In May, a significant advancement occurred with the integration of Injective and Arbitrum, marking a major step forward in interoperable EVM infrastructure. This collaboration between Injective and Arbitrum elevates transaction throughput and efficiency for inEVM, creating a more versatile platform for developers and users. The improved infrastructure offers users a more seamless, responsive, and cohesive experience, highlighting Injective's commitment to innovation and excellence.
Another major milestone in May was the launch of Helix 2.0, introducing a wholly new and improved experience for the decentralized exchange. This upgrade brings a host of enhanced trading features and integrates RWAs further into the platform, opening up new opportunities for users while providing a more comprehensive, dynamic, and versatile environment for trading and asset management.
Highlighted Ecosystem News
Arbitrum inEVM Integration
inEVM is unveiling its integration with @arbitrum today!By customizing Arbitrum’s unique Orbit stack, inEVM unlocks new frontiers for developers everywhere, empowering them with lightning fast speeds and robust interoperability.Details 👇https://t.co/NTnWHrFfQx
— Injective 🥷 (@injective) May 8, 2024
The integration of Injective with Arbitrum represents a groundbreaking advancement in the industry, pioneering novel interoperable EVM infrastructure. This collaboration ushers in a new era of decentralized application development, significantly boosting efficiency, scalability, and cross-chain compatibility.
This integration is particularly novel for its ability to merge the strengths of Injective and Arbitrum, creating a cohesive platform that leverages the best attributes of both ecosystems. The advanced architecture of this combined infrastructure enhances development processes, expands application potential, and streamlines blockchain interactions. These improvements aim to make decentralized finance more accessible, efficient, and versatile, catering to a wide range of user requirements and preferences.
With the Arbitrum integration, Injective is not only advancing its own ecosystem but also contributing to the creation of a more unified and efficient blockchain infrastructure. This development signifies a major step towards achieving a fully interoperable and high-performing decentralized finance landscape, underscoring Injective's dedication to innovation and its crucial role in the progression of blockchain technology.
Helix 2.0 Launch
Helix 2.0 is here 🧬The revolutionary upgrade marks a new era in decentralized finance, bringing you an unmatched protocol.A range of innovative features built to enhance user experience and broaden trading capabilities are here.https://t.co/qQKD6iKEgo pic.twitter.com/xggFcWCr2q
— Helix 🧬 (@HelixApp_) May 29, 2024
The launch of Helix 2.0 signifies a significant breakthrough in the decentralized finance landscape, introducing cutting-edge trading features alongside the integration of RWAs. This upgrade transforms the trading experience by enhancing efficiency, user interface, and functionality, creating a more dynamic and versatile platform for all users.
Helix 2.0 also stands out for its ability to seamlessly integrate traditional finance with DeFi through the inclusion of RWAs. With the upgrade, four new RWA perpetual markets were listed on Helix, including Gold, Silver, Euro and GBP.
This innovative feature bridges the gap between conventional assets and blockchain, opening up new possibilities for asset management and trading. The enhanced trading features provide users with improved tools and capabilities, enabling faster, more efficient transactions and a smoother user experience.
Fireblocks Integrates Injective
1/ The worlds leading digital asset custodian, @FireblocksHQ, has integrated Injective to accelerate institutional adoption.Now some of the largest institutions can directly access $INJ and seamlessly onboard onto the Injective ecosystem.Keep reading 🧵 pic.twitter.com/myqUE0aeSg
— Injective 🥷 (@injective) May 24, 2024
The integration of Injective with Fireblocks marks a pivotal development in expanding institutional access to decentralized finance. This collaboration introduces a secure and scalable infrastructure for institutional investors, significantly enhancing the security, efficiency, and accessibility of digital asset transactions.
The integration is particularly noteworthy for its ability to provide institutions with robust security protocols and streamlined access to decentralized markets. This partnership leverages Fireblocks' advanced security features, including MPC-based key management and multi-layer protection, to ensure the highest level of asset security. By integrating these capabilities, Injective offers a more secure and efficient platform for institutional investors, facilitating seamless and protected transactions.
Full List of Injective Updates
Ecosystem Updates
DeFi:
Synternet, a Data Layer Portal has made Injective’s real-time blockchain data available
Notifi has integrated with Injective
Desig, the MPC multisig integrated Injective
inEVM unveiled the integration with Arbitrum
Helix, a decentralized exchange on Injective listed ezETH/WETH
Band Protocol integrated with Injective’s inEVM on testnet
Over 20,000 .inj domains have been registered to date
Over 2 million $hINJ has been minted on Hydro, the liquid staking protocol on Injective
Injera launches on Injective
Fireblocks, the largest digital asset custodian integrated Injective to accelerate institutional adoption
Injective Stats:
Injective processed over 70 million blocks
Injective surpassed 2.4M daily transactions
Injective reached over 210,000 unique delegates.
Injective has over 50,600,000 $INJ staked.
A total of 63,692 INJ was burned through weekly burn auctions in May, and a total of 5.9 million INJ has been burned to date with over 151 burns.
The total gas fees paid by users on Injective to date is zero.
The INJ staking APR on Injective is 13.88% with over 57.9 million INJ staked.
The total trading volume on exchange dApps on Injective reached $2.5B in May, with its peak daily volume on May 4th reaching $110.7M volume. The most liquid markets are BTC and ETH perpetuals.
This month saw a downward trajectory in the markets on Injective exchange dApps. Bitcoin (BTC) increased from 56,803 to 67,384, representing a 23.05% up. Similarly, Ethereum (ETH) surged from 2,875 to 3,779, marking a 32.13% growth.
Community Updates:
Eric Chen, CEO of Injective Labs went on the Logan Jastremski podcast.
Four Pillars released a case study about Injective, highlighting the importance of Consistency and Sustainability in Blockchain
The CEO of Injective Labs, Eric Chen, spoke at Solana Crossroad
Arbitrum hosted Injective for a Twitter Space on inEVM
SA World is distributing over 9M $SAE tokens to the community as a reward
Injective 101 was published to help developers find information on how to build on the blockchain
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
In May, a significant advancement occurred with the integration of Injective and Arbitrum, marking a major step forward in interoperable EVM infrastructure. This collaboration between Injective and Arbitrum elevates transaction throughput and efficiency for inEVM, creating a more versatile platform for developers and users. The improved infrastructure offers users a more seamless, responsive, and cohesive experience, highlighting Injective's commitment to innovation and excellence.
Another major milestone in May was the launch of Helix 2.0, introducing a wholly new and improved experience for the decentralized exchange. This upgrade brings a host of enhanced trading features and integrates RWAs further into the platform, opening up new opportunities for users while providing a more comprehensive, dynamic, and versatile environment for trading and asset management.
Highlighted Ecosystem News
Arbitrum inEVM Integration
inEVM is unveiling its integration with @arbitrum today!By customizing Arbitrum’s unique Orbit stack, inEVM unlocks new frontiers for developers everywhere, empowering them with lightning fast speeds and robust interoperability.Details 👇https://t.co/NTnWHrFfQx
— Injective 🥷 (@injective) May 8, 2024
The integration of Injective with Arbitrum represents a groundbreaking advancement in the industry, pioneering novel interoperable EVM infrastructure. This collaboration ushers in a new era of decentralized application development, significantly boosting efficiency, scalability, and cross-chain compatibility.
This integration is particularly novel for its ability to merge the strengths of Injective and Arbitrum, creating a cohesive platform that leverages the best attributes of both ecosystems. The advanced architecture of this combined infrastructure enhances development processes, expands application potential, and streamlines blockchain interactions. These improvements aim to make decentralized finance more accessible, efficient, and versatile, catering to a wide range of user requirements and preferences.
With the Arbitrum integration, Injective is not only advancing its own ecosystem but also contributing to the creation of a more unified and efficient blockchain infrastructure. This development signifies a major step towards achieving a fully interoperable and high-performing decentralized finance landscape, underscoring Injective's dedication to innovation and its crucial role in the progression of blockchain technology.
Helix 2.0 Launch
Helix 2.0 is here 🧬The revolutionary upgrade marks a new era in decentralized finance, bringing you an unmatched protocol.A range of innovative features built to enhance user experience and broaden trading capabilities are here.https://t.co/qQKD6iKEgo pic.twitter.com/xggFcWCr2q
— Helix 🧬 (@HelixApp_) May 29, 2024
The launch of Helix 2.0 signifies a significant breakthrough in the decentralized finance landscape, introducing cutting-edge trading features alongside the integration of RWAs. This upgrade transforms the trading experience by enhancing efficiency, user interface, and functionality, creating a more dynamic and versatile platform for all users.
Helix 2.0 also stands out for its ability to seamlessly integrate traditional finance with DeFi through the inclusion of RWAs. With the upgrade, four new RWA perpetual markets were listed on Helix, including Gold, Silver, Euro and GBP.
This innovative feature bridges the gap between conventional assets and blockchain, opening up new possibilities for asset management and trading. The enhanced trading features provide users with improved tools and capabilities, enabling faster, more efficient transactions and a smoother user experience.
Fireblocks Integrates Injective
1/ The worlds leading digital asset custodian, @FireblocksHQ, has integrated Injective to accelerate institutional adoption.Now some of the largest institutions can directly access $INJ and seamlessly onboard onto the Injective ecosystem.Keep reading 🧵 pic.twitter.com/myqUE0aeSg
— Injective 🥷 (@injective) May 24, 2024
The integration of Injective with Fireblocks marks a pivotal development in expanding institutional access to decentralized finance. This collaboration introduces a secure and scalable infrastructure for institutional investors, significantly enhancing the security, efficiency, and accessibility of digital asset transactions.
The integration is particularly noteworthy for its ability to provide institutions with robust security protocols and streamlined access to decentralized markets. This partnership leverages Fireblocks' advanced security features, including MPC-based key management and multi-layer protection, to ensure the highest level of asset security. By integrating these capabilities, Injective offers a more secure and efficient platform for institutional investors, facilitating seamless and protected transactions.
Full List of Injective Updates
Ecosystem Updates
DeFi:
Synternet, a Data Layer Portal has made Injective’s real-time blockchain data available
Notifi has integrated with Injective
Desig, the MPC multisig integrated Injective
inEVM unveiled the integration with Arbitrum
Helix, a decentralized exchange on Injective listed ezETH/WETH
Band Protocol integrated with Injective’s inEVM on testnet
Over 20,000 .inj domains have been registered to date
Over 2 million $hINJ has been minted on Hydro, the liquid staking protocol on Injective
Injera launches on Injective
Fireblocks, the largest digital asset custodian integrated Injective to accelerate institutional adoption
Injective Stats:
Injective processed over 70 million blocks
Injective surpassed 2.4M daily transactions
Injective reached over 210,000 unique delegates.
Injective has over 50,600,000 $INJ staked.
A total of 63,692 INJ was burned through weekly burn auctions in May, and a total of 5.9 million INJ has been burned to date with over 151 burns.
The total gas fees paid by users on Injective to date is zero.
The INJ staking APR on Injective is 13.88% with over 57.9 million INJ staked.
The total trading volume on exchange dApps on Injective reached $2.5B in May, with its peak daily volume on May 4th reaching $110.7M volume. The most liquid markets are BTC and ETH perpetuals.
This month saw a downward trajectory in the markets on Injective exchange dApps. Bitcoin (BTC) increased from 56,803 to 67,384, representing a 23.05% up. Similarly, Ethereum (ETH) surged from 2,875 to 3,779, marking a 32.13% growth.
Community Updates:
Eric Chen, CEO of Injective Labs went on the Logan Jastremski podcast.
Four Pillars released a case study about Injective, highlighting the importance of Consistency and Sustainability in Blockchain
The CEO of Injective Labs, Eric Chen, spoke at Solana Crossroad
Arbitrum hosted Injective for a Twitter Space on inEVM
SA World is distributing over 9M $SAE tokens to the community as a reward
Injective 101 was published to help developers find information on how to build on the blockchain
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
Binance Pay Integrates Injective to Expand Real World INJ Access
Binance Pay, the rapidly expanding cryptocurrency payment technology and solution designed by Binance, has integrated Injective as a payment option. This latest move enables the use of INJ for merchant and peer-to-peer payments.
This integration empowers users to utilize INJ for transactions at various merchants and facilitates the transfer of INJ globally, further fostering the adoption of Injective through the innovative Binance Pay platform. Users starting now can pay for hotels, flights, online shopping and more using INJ via Binance Pay.
What to start accepting payments in INJ? Get Started Here: Link
What is Binance Pay?
Binance Pay is a payment technology that allows users to seamlessly send, receive, and spend cryptocurrencies. It offers secure, contactless, and borderless payment solutions that are perfect for everyday transactions. With support for major crypto assets, including Bitcoin, Ethereum, Injective and stablecoins, users have a wide array of options for making payments or receiving funds.
Binance Pay offers numerous benefits including convenience, cost-effectiveness, global reach, and advanced security features for both individual users and merchants. Currently, there are over 30 million Binance Pay users and thousands of merchants globally on Binance Pay. Users can pay for hotels, ecommerce, flights and much more using the platform.
Mass Adoption for Injective via Binance Pay
Injective is now one of the major blockchains to be natively integrated with the Binance Pay platform. This marks a significant leap forward as the Injective ecosystem can now tap into Binance Pay’s extensive network of users and merchants to easily send, receive, and spend INJ for everyday transactions and payments, further extending the adoption of Injective’s native asset.
The Features of Binance Pay
This integration also brings new use cases for the INJ token, as it opens up new avenues for Injective users to seamlessly transact using INJ for their daily financial activities with merchants and peer-to-peer payments. Most Binance Pay transactions have zero fees, making it a cost-effective solution for peer-to-peer payments. Meanwhile, merchants are able to receive payments instantly, without the delays commonly associated with traditional payment methods.
Examples of merchants that have partnered with Binance Pay can be found here: Link and here: Link
For merchants that are interested to accept INJ payments with Binance Pay, you can find a guide here: : Link
Accepting INJ Payments through Binance Pay How can you get started with Binance Pay?
Users can access Binance Pay through the Binance app or website. From there, you are able to send INJ by entering your recipient’s email, phone, Binance ID or scanning their pay QR. You can also request payments and add personalized messages.
To pay a merchant with INJ, you can scan the merchant’s Binance Pay QR code, utilize app checkout or payment links. To get started, please follow the official guidance on how to set up and start making payments with Binance Pay. To use your INJ token as payment, please select INJ as the cryptocurrency during the payment process.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About Binance Pay
Binance Pay is a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App. Binance Pay allows users and merchants to send and receive crypto payments around the world without incurring gas fees for using crypto. Since its launch in February 2021, Binance Pay has processed over $153 billion in total volume across more than 1.2 billion transactions. The platform supports multiple cryptocurrencies for peer-to-peer and merchant payments, serving millions of users and thousands of merchants worldwide.
This integration empowers users to utilize INJ for transactions at various merchants and facilitates the transfer of INJ globally, further fostering the adoption of Injective through the innovative Binance Pay platform. Users starting now can pay for hotels, flights, online shopping and more using INJ via Binance Pay.
What to start accepting payments in INJ? Get Started Here: Link
What is Binance Pay?
Binance Pay is a payment technology that allows users to seamlessly send, receive, and spend cryptocurrencies. It offers secure, contactless, and borderless payment solutions that are perfect for everyday transactions. With support for major crypto assets, including Bitcoin, Ethereum, Injective and stablecoins, users have a wide array of options for making payments or receiving funds.
Binance Pay offers numerous benefits including convenience, cost-effectiveness, global reach, and advanced security features for both individual users and merchants. Currently, there are over 30 million Binance Pay users and thousands of merchants globally on Binance Pay. Users can pay for hotels, ecommerce, flights and much more using the platform.
Mass Adoption for Injective via Binance Pay
Injective is now one of the major blockchains to be natively integrated with the Binance Pay platform. This marks a significant leap forward as the Injective ecosystem can now tap into Binance Pay’s extensive network of users and merchants to easily send, receive, and spend INJ for everyday transactions and payments, further extending the adoption of Injective’s native asset.
The Features of Binance Pay
This integration also brings new use cases for the INJ token, as it opens up new avenues for Injective users to seamlessly transact using INJ for their daily financial activities with merchants and peer-to-peer payments. Most Binance Pay transactions have zero fees, making it a cost-effective solution for peer-to-peer payments. Meanwhile, merchants are able to receive payments instantly, without the delays commonly associated with traditional payment methods.
Examples of merchants that have partnered with Binance Pay can be found here: Link and here: Link
For merchants that are interested to accept INJ payments with Binance Pay, you can find a guide here: : Link
Accepting INJ Payments through Binance Pay How can you get started with Binance Pay?
Users can access Binance Pay through the Binance app or website. From there, you are able to send INJ by entering your recipient’s email, phone, Binance ID or scanning their pay QR. You can also request payments and add personalized messages.
To pay a merchant with INJ, you can scan the merchant’s Binance Pay QR code, utilize app checkout or payment links. To get started, please follow the official guidance on how to set up and start making payments with Binance Pay. To use your INJ token as payment, please select INJ as the cryptocurrency during the payment process.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About Binance Pay
Binance Pay is a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App. Binance Pay allows users and merchants to send and receive crypto payments around the world without incurring gas fees for using crypto. Since its launch in February 2021, Binance Pay has processed over $153 billion in total volume across more than 1.2 billion transactions. The platform supports multiple cryptocurrencies for peer-to-peer and merchant payments, serving millions of users and thousands of merchants worldwide.
Fireblocks Integrates Injective to Expand Institutional Access
Fireblocks, the world’s leading digital asset custodian, has integrated Injective to rapidly accelerate institutional adoption.
Injective is now one of the first ever L1 blockchains to be natively integrated with Fireblocks, opening up new access for Fireblocks global institutional users to directly onboard onto Injective and its broader ecosystem of decentralized applications.
What is Fireblocks?
Fireblocks is the foremost custodian in the digital asset space. Its services include secure storage and transfer of crypto and other digital assets. It works with large institutional clients who are seeking to hold assets in the blockchain space.
It has gained recognition for its advanced security features, which are attractive to big financial institutions whose businesses and reputations are heavily dependent on security and compliance.
Fireblocks is currently trusted by more than 1,800 leading organizations including banks, hedge funds, and financial institutions. To date, it has ensured the safe transfer of more than $4 trillion in digital assets. Its clients include some of the largest banks in the world, including HSBC, BNY Mellon, BNP Paribas, etc. Fireblocks has also raised over $1 Billion to date from major investors globally such as BNY Mellon, Sequoia Capital and Coatue.
What Value Does Fireblocks Bring to Injective?
Fireblocks has selected Injective to be one of the first blockchains to be natively integrated with the platform. This means that institutions can securely hold and access native Injective assets such as INJ more seamlessly than ever before.
“Injective is continuing to spur institutional adoption by providing the only bespoke infrastructure engineered for Web3 finance to thrive. The Fireblocks integration is a major milestone in enabling institutions to onboard onto Injective more rapidly than ever before as they join a new realm of truly on-chain finance,” said Eric Chen, co-founder and CEO of Injective Labs.
Fireblocks is the industry’s leading gateway for institutional onbaording
Furthermore, the Fireblocks integration enables institutional users to safely and securely access Injective’s lightning-fast blockchain along with its plethora of dApps. In turn, major funds and institutions can easily deploy capital and connect to applications throughout the vibrant Injective ecosystem. Fireblocks can now serve as a major gateway into Injective native apps ranging from trading and lending to money markets and more.
Institutional-grade Access to Injective
Today, major institutions across the Web3 landscape are integrated onto Injective with new firms continuing to join the ranks. The integration with Fireblocks provides a major boost for Injective’s institutional adoption efforts and is the latest milestone in further merging the world of traditional finance with DeFi.
Now institutions can access Injective to custody and transfer native Injective assets such as INJ without compromising efficiency or security. Fireblocks users can also directly onboard onto dApps across the Injective ecosystem while retaining necessary compliance standards.
Injective will continue to onboard traditional institutions onto the only L1 built for finance and facilitate their transition to a new world of Web3 finance. The integration with Fireblocks greatly enhances Injective's global presence by offering an unparalleled gateway for institutional access.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About Fireblocks
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through patent-pending SGX & MPC technology. They have secured the transfer of over $4 trillion in digital assets and have a unique insurance policy that covers assets in storage & in transit.
Website | Twitter | Blog
Injective is now one of the first ever L1 blockchains to be natively integrated with Fireblocks, opening up new access for Fireblocks global institutional users to directly onboard onto Injective and its broader ecosystem of decentralized applications.
What is Fireblocks?
Fireblocks is the foremost custodian in the digital asset space. Its services include secure storage and transfer of crypto and other digital assets. It works with large institutional clients who are seeking to hold assets in the blockchain space.
It has gained recognition for its advanced security features, which are attractive to big financial institutions whose businesses and reputations are heavily dependent on security and compliance.
Fireblocks is currently trusted by more than 1,800 leading organizations including banks, hedge funds, and financial institutions. To date, it has ensured the safe transfer of more than $4 trillion in digital assets. Its clients include some of the largest banks in the world, including HSBC, BNY Mellon, BNP Paribas, etc. Fireblocks has also raised over $1 Billion to date from major investors globally such as BNY Mellon, Sequoia Capital and Coatue.
What Value Does Fireblocks Bring to Injective?
Fireblocks has selected Injective to be one of the first blockchains to be natively integrated with the platform. This means that institutions can securely hold and access native Injective assets such as INJ more seamlessly than ever before.
“Injective is continuing to spur institutional adoption by providing the only bespoke infrastructure engineered for Web3 finance to thrive. The Fireblocks integration is a major milestone in enabling institutions to onboard onto Injective more rapidly than ever before as they join a new realm of truly on-chain finance,” said Eric Chen, co-founder and CEO of Injective Labs.
Fireblocks is the industry’s leading gateway for institutional onbaording
Furthermore, the Fireblocks integration enables institutional users to safely and securely access Injective’s lightning-fast blockchain along with its plethora of dApps. In turn, major funds and institutions can easily deploy capital and connect to applications throughout the vibrant Injective ecosystem. Fireblocks can now serve as a major gateway into Injective native apps ranging from trading and lending to money markets and more.
Institutional-grade Access to Injective
Today, major institutions across the Web3 landscape are integrated onto Injective with new firms continuing to join the ranks. The integration with Fireblocks provides a major boost for Injective’s institutional adoption efforts and is the latest milestone in further merging the world of traditional finance with DeFi.
Now institutions can access Injective to custody and transfer native Injective assets such as INJ without compromising efficiency or security. Fireblocks users can also directly onboard onto dApps across the Injective ecosystem while retaining necessary compliance standards.
Injective will continue to onboard traditional institutions onto the only L1 built for finance and facilitate their transition to a new world of Web3 finance. The integration with Fireblocks greatly enhances Injective's global presence by offering an unparalleled gateway for institutional access.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About Fireblocks
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through patent-pending SGX & MPC technology. They have secured the transfer of over $4 trillion in digital assets and have a unique insurance policy that covers assets in storage & in transit.
Website | Twitter | Blog
Fireblocks Integrates Injective to Expand Institutional Access
Fireblocks, the world’s leading digital asset custodian, has integrated Injective to rapidly accelerate institutional adoption.
Injective is now one of the first ever L1 blockchains to be natively integrated with Fireblocks, opening up new access for Fireblocks global institutional users to directly onboard onto Injective and its broader ecosystem of decentralized applications.
What is Fireblocks?
Fireblocks is the foremost custodian in the digital asset space. Its services include secure storage and transfer of crypto and other digital assets. It works with large institutional clients who are seeking to hold assets in the blockchain space.
It has gained recognition for its advanced security features, which are attractive to big financial institutions whose businesses and reputations are heavily dependent on security and compliance.
Fireblocks is currently trusted by more than 1,800 leading organizations including banks, hedge funds, and financial institutions. To date, it has ensured the safe transfer of more than $4 trillion in digital assets. Its clients include some of the largest banks in the world, including HSBC, BNY Mellon, BNP Paribas, etc. Fireblocks has also raised over $1 Billion to date from major investors globally such as BNY Mellon, Sequoia Capital and Coatue.
What Value Does Fireblocks Bring to Injective?
Fireblocks has selected Injective to be one of the first blockchains to be natively integrated with the platform. This means that institutions can securely hold and access native Injective assets such as INJ more seamlessly than ever before.
“Injective is continuing to spur institutional adoption by providing the only bespoke infrastructure engineered for Web3 finance to thrive. The Fireblocks integration is a major milestone in enabling institutions to onboard onto Injective more rapidly than ever before as they join a new realm of truly on-chain finance,” said Eric Chen, co-founder and CEO of Injective Labs.
Fireblocks is the industry’s leading gateway for institutional onbaording
Furthermore, the Fireblocks integration enables institutional users to safely and securely access Injective’s lightning-fast blockchain along with its plethora of dApps. In turn, major funds and institutions can easily deploy capital and connect to applications throughout the vibrant Injective ecosystem. Fireblocks can now serve as a major gateway into Injective native apps ranging from trading and lending to money markets and more.
Institutional-grade Access to Injective
Today, major institutions across the Web3 landscape are integrated onto Injective with new firms continuing to join the ranks. The integration with Fireblocks provides a major boost for Injective’s institutional adoption efforts and is the latest milestone in further merging the world of traditional finance with DeFi.
Now institutions can access Injective to custody and transfer native Injective assets such as INJ without compromising efficiency or security. Fireblocks users can also directly onboard onto dApps across the Injective ecosystem while retaining necessary compliance standards.
Injective will continue to onboard traditional institutions onto the only L1 built for finance and facilitate their transition to a new world of Web3 finance. The integration with Fireblocks greatly enhances Injective's global presence by offering an unparalleled gateway for institutional access.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About Fireblocks
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through patent-pending SGX & MPC technology. They have secured the transfer of over $4 trillion in digital assets and have a unique insurance policy that covers assets in storage & in transit.
Website | Twitter | Blog
Injective is now one of the first ever L1 blockchains to be natively integrated with Fireblocks, opening up new access for Fireblocks global institutional users to directly onboard onto Injective and its broader ecosystem of decentralized applications.
What is Fireblocks?
Fireblocks is the foremost custodian in the digital asset space. Its services include secure storage and transfer of crypto and other digital assets. It works with large institutional clients who are seeking to hold assets in the blockchain space.
It has gained recognition for its advanced security features, which are attractive to big financial institutions whose businesses and reputations are heavily dependent on security and compliance.
Fireblocks is currently trusted by more than 1,800 leading organizations including banks, hedge funds, and financial institutions. To date, it has ensured the safe transfer of more than $4 trillion in digital assets. Its clients include some of the largest banks in the world, including HSBC, BNY Mellon, BNP Paribas, etc. Fireblocks has also raised over $1 Billion to date from major investors globally such as BNY Mellon, Sequoia Capital and Coatue.
What Value Does Fireblocks Bring to Injective?
Fireblocks has selected Injective to be one of the first blockchains to be natively integrated with the platform. This means that institutions can securely hold and access native Injective assets such as INJ more seamlessly than ever before.
“Injective is continuing to spur institutional adoption by providing the only bespoke infrastructure engineered for Web3 finance to thrive. The Fireblocks integration is a major milestone in enabling institutions to onboard onto Injective more rapidly than ever before as they join a new realm of truly on-chain finance,” said Eric Chen, co-founder and CEO of Injective Labs.
Fireblocks is the industry’s leading gateway for institutional onbaording
Furthermore, the Fireblocks integration enables institutional users to safely and securely access Injective’s lightning-fast blockchain along with its plethora of dApps. In turn, major funds and institutions can easily deploy capital and connect to applications throughout the vibrant Injective ecosystem. Fireblocks can now serve as a major gateway into Injective native apps ranging from trading and lending to money markets and more.
Institutional-grade Access to Injective
Today, major institutions across the Web3 landscape are integrated onto Injective with new firms continuing to join the ranks. The integration with Fireblocks provides a major boost for Injective’s institutional adoption efforts and is the latest milestone in further merging the world of traditional finance with DeFi.
Now institutions can access Injective to custody and transfer native Injective assets such as INJ without compromising efficiency or security. Fireblocks users can also directly onboard onto dApps across the Injective ecosystem while retaining necessary compliance standards.
Injective will continue to onboard traditional institutions onto the only L1 built for finance and facilitate their transition to a new world of Web3 finance. The integration with Fireblocks greatly enhances Injective's global presence by offering an unparalleled gateway for institutional access.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
About Fireblocks
Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through patent-pending SGX & MPC technology. They have secured the transfer of over $4 trillion in digital assets and have a unique insurance policy that covers assets in storage & in transit.
Website | Twitter | Blog
Arbitrum and Injective Are Together Pioneering Novel Interoperable EVM Infrastructure
Today, Injective is excited to unveil its collaboration with Arbitrum, the foremost Layer 2 technology stack empowering projects to innovate and expand within Ethereum.
By customizing Arbitrum’s unique Orbit stack, Injective’s inEVM is now even more bespoke, unlocking new frontiers for inEVM and empowering users with seamless, efficient, and cost-effective transactions.
inEVM was already meticulously engineered to meet the unique needs of Injective and the broader Ethereum ecosystem. Working alongside Arbitrum allows a broader developer toolkit for inEVM users which was previously only available in the Ethereum L2 ecosystem. In turn, this makes inEVM more powerful than ever before, providing the developer access to Ethereum while simultaneously retaining the lightning fast speeds and low fees on Injective.
What is Arbitrum?
Arbitrum presents a suite of Ethereum scaling solutions designed to simplify the creation and utilization of decentralized applications. This comprehensive suite encompasses protocols, chains, and SDKs that power the Arbitrum ecosystem. One of its core offerings is Arbitrum Orbit, which empowers any project to establish their own Rollup and AnyTrust chains.
At the core of inEVM lies Arbitrum’s Orbit stack, a powerful toolkit developed by Offchain Labs. This stack serves as the foundation for building scalable, secure, and efficient layer 2 solutions, facilitating the seamless integration of smart contracts across multiple blockchain platforms.
A Robust inEVM Environment
By harmoniously integrating components across Arbitrum and the native Injective mainnet, inEVM is able to offer a developer experience like no other.
For instance, inEVM is able to leverage INJ as its native gas token which is previously unheard of in the world of L2 rollups. In addition, inEVM is able to offer the same familiar dev tooling found on Ethereum such as Hardhat and Foundry. All of this is achieved while retaining the lightning fast speeds and low gas fees found on Injective itself.
inEVM not only enhances transaction processing efficiency but also underscores Injective's dedication to fostering a user-friendly and economically sustainable ecosystem.
Furthermore, inEVM transactions can qualify for participation in Injective's innovative Burn Auction. This auction mechanism systematically burns a percentage of all protocol fees on a weekly basis. Injective's Burn Auction serves to capture protocol value for all users, offering benefits to participants across the ecosystem—be they users, community members, or developers.
The Epicenter for Ethereum and Injective
The significance of this collaboration extends far beyond the realms of a single blockchain network. With inEVM, users gain access to a seamless platform connecting Ethereum, Injective and Cosmos, enabling cross-chain compatibility and fostering a more interconnected blockchain landscape. This interoperability opens up a myriad of possibilities for developers and users alike, enabling the seamless transfer of assets and liquidity across disparate blockchain networks.
As Injective continues to bridge the gap between Ethereum, Cosmos and other widely adopted L1s, including Solana, it steadfastly advances its mission in creating a more democratized financial future through decentralization.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
By customizing Arbitrum’s unique Orbit stack, Injective’s inEVM is now even more bespoke, unlocking new frontiers for inEVM and empowering users with seamless, efficient, and cost-effective transactions.
inEVM was already meticulously engineered to meet the unique needs of Injective and the broader Ethereum ecosystem. Working alongside Arbitrum allows a broader developer toolkit for inEVM users which was previously only available in the Ethereum L2 ecosystem. In turn, this makes inEVM more powerful than ever before, providing the developer access to Ethereum while simultaneously retaining the lightning fast speeds and low fees on Injective.
What is Arbitrum?
Arbitrum presents a suite of Ethereum scaling solutions designed to simplify the creation and utilization of decentralized applications. This comprehensive suite encompasses protocols, chains, and SDKs that power the Arbitrum ecosystem. One of its core offerings is Arbitrum Orbit, which empowers any project to establish their own Rollup and AnyTrust chains.
At the core of inEVM lies Arbitrum’s Orbit stack, a powerful toolkit developed by Offchain Labs. This stack serves as the foundation for building scalable, secure, and efficient layer 2 solutions, facilitating the seamless integration of smart contracts across multiple blockchain platforms.
A Robust inEVM Environment
By harmoniously integrating components across Arbitrum and the native Injective mainnet, inEVM is able to offer a developer experience like no other.
For instance, inEVM is able to leverage INJ as its native gas token which is previously unheard of in the world of L2 rollups. In addition, inEVM is able to offer the same familiar dev tooling found on Ethereum such as Hardhat and Foundry. All of this is achieved while retaining the lightning fast speeds and low gas fees found on Injective itself.
inEVM not only enhances transaction processing efficiency but also underscores Injective's dedication to fostering a user-friendly and economically sustainable ecosystem.
Furthermore, inEVM transactions can qualify for participation in Injective's innovative Burn Auction. This auction mechanism systematically burns a percentage of all protocol fees on a weekly basis. Injective's Burn Auction serves to capture protocol value for all users, offering benefits to participants across the ecosystem—be they users, community members, or developers.
The Epicenter for Ethereum and Injective
The significance of this collaboration extends far beyond the realms of a single blockchain network. With inEVM, users gain access to a seamless platform connecting Ethereum, Injective and Cosmos, enabling cross-chain compatibility and fostering a more interconnected blockchain landscape. This interoperability opens up a myriad of possibilities for developers and users alike, enabling the seamless transfer of assets and liquidity across disparate blockchain networks.
As Injective continues to bridge the gap between Ethereum, Cosmos and other widely adopted L1s, including Solana, it steadfastly advances its mission in creating a more democratized financial future through decentralization.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
The Premier MPC Multi-Sig Wallet Integrates Injective to Enhance Institutional Access
Desig, the pioneering multi-sig wallet, is now integrated with the Injective mainnet. This integration ushers in a new era of security and operational flexibility, specifically designed to meet the sophisticated needs of institutions, organizations, and advanced users within the Injective ecosystem.
What is Desig?
Desig is a groundbreaking omnichain smart multi-signature wallet designed to meet the complex demands of modern decentralized networks and institutional frameworks.
By requiring multiple approvals for significant transactions, Desig introduces an essential layer of security and accountability crucial for institutional and organizational users managing large-scale blockchain operations. Desig also features a comprehensive accounting dashboard, simplifying asset management across various networks while providing detailed visibility into transactions.
Desig Integration: A New Era of Security and Efficiency
Multi-sig (multiple signature) wallets have become a cornerstone of blockchain security, especially for organizations that require multiple approvals before executing transactions. By requiring multiple keys to sign off on transactions, multi-sig wallets provide an added layer of security and decision-making balance, reducing risks associated with single-point failures and unauthorized access.
The integration of Desig into the Injective mainnet enhances security for asset management across the Injective ecosystem, protecting against unauthorized access and potential security breaches. It also empowers dApps across the Injective ecosystem to incorporate multi-signature features seamlessly. This is particularly advantageous for institutional users and large organizations whose operational security protocols require multi-party approvals for transactions.
Institutional users can particularly benefit from this integration as it aligns with the need for rigorous compliance protocols and robust governance structures. For DAOs (Decentralized Autonomous Organizations) and other decentralized entities, Desig offers a transparent and efficient gateway to manage treasury operations and governance proposals.
Looking Ahead to Seamless Institutional Access
With Desig’s integration, Injective continues to solidify its position as the leading blockchain for finance that not only prioritizes security but also fosters innovative solutions to meet the complex needs of its users. This is another step forward to accelerate the adoption of Injective among enterprises and institutions looking to leverage blockchain technology for secure and efficient transaction management.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
ABOUT DESIG
Desig is an MPC self-custodial multisig wallet designed for secure and collaborative treasury management suitable for teams and DAOs. Featuring an intuitive interface, stylish design, and unrivaled security measures, Desig provides a robust web-app accounting dashboard and capabilities for cashflow management.
Join us to embrace sustainable-yield financial mobility and unlock endless possibilities:
Website: https://desig.io
Socials: https://link3.to/desiglabs
Download us on iOS | Android | Chrome Extension
Be part of our Community: Discord
What is Desig?
Desig is a groundbreaking omnichain smart multi-signature wallet designed to meet the complex demands of modern decentralized networks and institutional frameworks.
By requiring multiple approvals for significant transactions, Desig introduces an essential layer of security and accountability crucial for institutional and organizational users managing large-scale blockchain operations. Desig also features a comprehensive accounting dashboard, simplifying asset management across various networks while providing detailed visibility into transactions.
Desig Integration: A New Era of Security and Efficiency
Multi-sig (multiple signature) wallets have become a cornerstone of blockchain security, especially for organizations that require multiple approvals before executing transactions. By requiring multiple keys to sign off on transactions, multi-sig wallets provide an added layer of security and decision-making balance, reducing risks associated with single-point failures and unauthorized access.
The integration of Desig into the Injective mainnet enhances security for asset management across the Injective ecosystem, protecting against unauthorized access and potential security breaches. It also empowers dApps across the Injective ecosystem to incorporate multi-signature features seamlessly. This is particularly advantageous for institutional users and large organizations whose operational security protocols require multi-party approvals for transactions.
Institutional users can particularly benefit from this integration as it aligns with the need for rigorous compliance protocols and robust governance structures. For DAOs (Decentralized Autonomous Organizations) and other decentralized entities, Desig offers a transparent and efficient gateway to manage treasury operations and governance proposals.
Looking Ahead to Seamless Institutional Access
With Desig’s integration, Injective continues to solidify its position as the leading blockchain for finance that not only prioritizes security but also fosters innovative solutions to meet the complex needs of its users. This is another step forward to accelerate the adoption of Injective among enterprises and institutions looking to leverage blockchain technology for secure and efficient transaction management.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
ABOUT DESIG
Desig is an MPC self-custodial multisig wallet designed for secure and collaborative treasury management suitable for teams and DAOs. Featuring an intuitive interface, stylish design, and unrivaled security measures, Desig provides a robust web-app accounting dashboard and capabilities for cashflow management.
Join us to embrace sustainable-yield financial mobility and unlock endless possibilities:
Website: https://desig.io
Socials: https://link3.to/desiglabs
Download us on iOS | Android | Chrome Extension
Be part of our Community: Discord
The All New INJ Burn Standard Launch
Today, Injective unveils another enhancement to its groundbreaking burn auction. Following the success of INJ 2.0, which empowered any dApp or protocol to contribute transaction fees to the weekly burn auction, this update makes a further amendment and allows anyone–from dApps to protocols and now individual community members–to contribute funds to the weekly burn auction.
This latest iteration marks a significant stride towards inclusivity, opening the doors for a broader range of contributors, including protocols, dApps, and users, to participate in the burn auction.
The Evolution of the Injective Weekly Burn Auctions
Injective's Weekly Burn Auction made its debut in December 2021 as a novel addition to the ecosystem. Initially, all exchange dApps on Injective contributed 60% of their transaction fees to a weekly auction, where participants could bid for the entire week's collected fees. The winning bid in INJ for the auction basket was then subsequently burned.
This mechanism effectively captured the total value of activity on DEXs deployed on Injective while benefiting all stakeholders involved.
INJ 2.0
However, as Injective evolved into a blockchain built for finance, it became imperative to adapt this mechanism to accommodate the growing diversity of dApps. In August 2023, the Burn Auction underwent its first upgrade, allowing any dApp, regardless of nature, to contribute. This expansion welcomed a multitude of applications, including lending platforms, NFT marketplaces and prediction applications, to participate in the burn.
Moreover, protocols gained the ability to allocate any desired amount–not just 60%–to the auction, with the option to dedicate even up to 100% of their collected fees to the auction basket.
This allowed greater flexibility for developers, enabling those experiencing higher growth volumes within their protocols to not only celebrate their success individually, but also highlight it for the entire ecosystem. This exemplifies Injective’s mission in fostering a truly decentralized ecosystem.
The Next Stage of INJ Burn Auctions
Today’s update marks the next stage of the INJ Burn, allowing any community member to contribute any asset of their choice into the auction basket. This iteration transcends barriers, inviting contributions from every corner of the community and enriching the ecosystem’s diversity.
"The essence of decentralization lies in empowering every individual to play an active role in shaping the ecosystem," said Eric Chen, co-founder and CEO of Injective Labs. "By democratizing access to the burn auction, Injective is not only amplifying community participation but also reinforcing the collective commitment towards decentralization."
This deflationary mechanism not only reduces the token supply but also instills a sustainable model for value creation within the ecosystem.
The continuous growth and iteration of the burn auction underscore Injective's commitment to inclusivity and value creation for its community. By expanding participation rights and fostering a culture of collaboration, Injective paves the way for a more vigorous and resilient decentralized ecosystem.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
This latest iteration marks a significant stride towards inclusivity, opening the doors for a broader range of contributors, including protocols, dApps, and users, to participate in the burn auction.
The Evolution of the Injective Weekly Burn Auctions
Injective's Weekly Burn Auction made its debut in December 2021 as a novel addition to the ecosystem. Initially, all exchange dApps on Injective contributed 60% of their transaction fees to a weekly auction, where participants could bid for the entire week's collected fees. The winning bid in INJ for the auction basket was then subsequently burned.
This mechanism effectively captured the total value of activity on DEXs deployed on Injective while benefiting all stakeholders involved.
INJ 2.0
However, as Injective evolved into a blockchain built for finance, it became imperative to adapt this mechanism to accommodate the growing diversity of dApps. In August 2023, the Burn Auction underwent its first upgrade, allowing any dApp, regardless of nature, to contribute. This expansion welcomed a multitude of applications, including lending platforms, NFT marketplaces and prediction applications, to participate in the burn.
Moreover, protocols gained the ability to allocate any desired amount–not just 60%–to the auction, with the option to dedicate even up to 100% of their collected fees to the auction basket.
This allowed greater flexibility for developers, enabling those experiencing higher growth volumes within their protocols to not only celebrate their success individually, but also highlight it for the entire ecosystem. This exemplifies Injective’s mission in fostering a truly decentralized ecosystem.
The Next Stage of INJ Burn Auctions
Today’s update marks the next stage of the INJ Burn, allowing any community member to contribute any asset of their choice into the auction basket. This iteration transcends barriers, inviting contributions from every corner of the community and enriching the ecosystem’s diversity.
"The essence of decentralization lies in empowering every individual to play an active role in shaping the ecosystem," said Eric Chen, co-founder and CEO of Injective Labs. "By democratizing access to the burn auction, Injective is not only amplifying community participation but also reinforcing the collective commitment towards decentralization."
This deflationary mechanism not only reduces the token supply but also instills a sustainable model for value creation within the ecosystem.
The continuous growth and iteration of the burn auction underscore Injective's commitment to inclusivity and value creation for its community. By expanding participation rights and fostering a culture of collaboration, Injective paves the way for a more vigorous and resilient decentralized ecosystem.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
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XION Integrates Injective As the First Blockchain for Its Chain Abstraction Layer
Today, XION announces its integration with Injective, marking a major milestone in bringing chain abstraction into the Injective ecosystem.
As a blockchain purpose-built for mainstream adoption, XION’s Chain Abstraction enhances blockchain usability by seamlessly connecting users, apps, and liquidity across ecosystems, allowing XION to serve as an extension to all major blockchain networks.
This integration sets the stage for new users to onboard onto Injective and utilize the strength of the Injective network, without any friction points of entry, helping to push Injective further towards mass adoption.
What is XION?
XION is the first layer one blockchain purpose-built for consumer adoption through crypto abstraction. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences.
XION aims to make Web3 easier to navigate for all users by abstracting away its inherent complexities. Through familiar Web2 methods like email, users can onboard onto XION, creating an account that seamlessly interacts with any application across any device, including desktop and mobile. Users can also enjoy a frictionless experience without the concerns associated with blockchain technology, such as gas fees, providing an accessible interface reminiscent of traditional Web2 platforms.
Mass Adoption for the Injective Ecosystem
The integration will enable the seamless flow of users and assets throughout both ecosystems, enhancing liquidity and in turn creating a variety of novel cross-ecosystem use-cases.
The first dApp to be available on XION through this integration is Talis, the premier NFT marketplace built on Injective. Any user (within Cosmos, Ethereum, Solana or beyond), will be able to create an account on XION and begin using Talis instantly, without needing to grapple with complexities such as cross-chain bridging, browser plugins, seed phrases, gas fees, and transaction signing.
“Just like the internet, users shouldn’t need to know which infrastructure applications they are using are built on. All that matters is that it works,” said Burnt Banksy, a core contributor to XION. He added, “We’re proud to launch Chain Abstraction as it vastly accelerates XION’s impact in making Web3 accessible to all users.”
A New Future of Chain Abstraction
As XION's expansion unfolds, an increasing array of Injective ecosystem dApps will become accessible to users through XION’s Chain Abstraction. This breakthrough enables non-crypto-native users to seamlessly onboard powerful on-chain applications and leverage trailblazing technology, without grappling with the complexities inherent in Web3 finance.
This integration not only propels Injective closer to mass adoption but also streamlines onboarding for non-crypto natives, advancing the mission to democratize finance through decentralization.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
As a blockchain purpose-built for mainstream adoption, XION’s Chain Abstraction enhances blockchain usability by seamlessly connecting users, apps, and liquidity across ecosystems, allowing XION to serve as an extension to all major blockchain networks.
This integration sets the stage for new users to onboard onto Injective and utilize the strength of the Injective network, without any friction points of entry, helping to push Injective further towards mass adoption.
What is XION?
XION is the first layer one blockchain purpose-built for consumer adoption through crypto abstraction. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences.
XION aims to make Web3 easier to navigate for all users by abstracting away its inherent complexities. Through familiar Web2 methods like email, users can onboard onto XION, creating an account that seamlessly interacts with any application across any device, including desktop and mobile. Users can also enjoy a frictionless experience without the concerns associated with blockchain technology, such as gas fees, providing an accessible interface reminiscent of traditional Web2 platforms.
Mass Adoption for the Injective Ecosystem
The integration will enable the seamless flow of users and assets throughout both ecosystems, enhancing liquidity and in turn creating a variety of novel cross-ecosystem use-cases.
The first dApp to be available on XION through this integration is Talis, the premier NFT marketplace built on Injective. Any user (within Cosmos, Ethereum, Solana or beyond), will be able to create an account on XION and begin using Talis instantly, without needing to grapple with complexities such as cross-chain bridging, browser plugins, seed phrases, gas fees, and transaction signing.
“Just like the internet, users shouldn’t need to know which infrastructure applications they are using are built on. All that matters is that it works,” said Burnt Banksy, a core contributor to XION. He added, “We’re proud to launch Chain Abstraction as it vastly accelerates XION’s impact in making Web3 accessible to all users.”
A New Future of Chain Abstraction
As XION's expansion unfolds, an increasing array of Injective ecosystem dApps will become accessible to users through XION’s Chain Abstraction. This breakthrough enables non-crypto-native users to seamlessly onboard powerful on-chain applications and leverage trailblazing technology, without grappling with the complexities inherent in Web3 finance.
This integration not only propels Injective closer to mass adoption but also streamlines onboarding for non-crypto natives, advancing the mission to democratize finance through decentralization.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
INJ 3.0 Release
Today, Injective unveiled the largest tokenomics upgrade to date with the launch of INJ 3.0
With this update, INJ 3.0 dramatically reduces the supply for Injective’s native token, ultimately enabling INJ to become one of the most deflationary assets within the blockchain industry, injecting long-term value to grow the ecosystem.
Background
INJ, the native asset of Injective, serves as the cornerstone of the ecosystem, boasting a myriad of utilities that span governance, protocol fees, security mechanisms, and beyond. Its versatility and indispensability within the Injective network make it a vital asset in driving the network's growth and functionality.
However, the utility of INJ has always been highly unique, with features that cannot be found in any other asset. For example, Injective’s Burn Auction has been widely lauded as a distinctive characteristic of INJ’s tokenomics, as it collects, auctions and burns accumulated network fees on a weekly basis.
In the most recent update to INJ (INJ 2.0), this mechanism expanded to include all dApp network fees, capturing the protocol value that came from the growth of the ecosystem. In turn, the burn auction experienced a surge in activity, witnessing a substantial increase in the amount of INJ burned weekly.
As Injective continues to onboard new users and dApps at a rapid pace, the need for further enhancements becomes evident in order to accommodate the growing ecosystem. It is the only way to encompass and embrace the latest developments along its growth journey.
The INJ 3.0 Update
Enter INJ 3.0, the next evolutionary step in the journey of Injective, poised to address the evolving needs of its expanding user base and ecosystem.
The Injective community voted overwhelmingly in favor of IIP-392 to launch INJ 3.0 moving forward. Timed with the Bitcoin halving, the INJ 3.0 governance proposal aimed to decrease the supply of INJ over the next two years, with accelerated rates of deflation based on the ratio of staked INJ on-chain.
“This is the next stage in Injective’s evolution; we’ve seen billions of dollars flow in since inception. To guarantee the ecosystem serves long-term as a peer to institutional players, INJ must function as ultrasound money—rewarding early adopters and attracting new participants,” said Jenna Peterson, CEO of the Injective Foundation. “With these vital updates approved through governance by the broader Injective community, INJ 3.0 aims for INJ to surpass even the sound monetary properties of Bitcoin.”
Injective has increased the rate of deflation by a factor of 400%. The specific token supply rate change parameter ensures that Injective remains adaptive and resilient. Injective will adjust its monetary policy in real-time, reacting swiftly to fluctuations in staking activity. As a result, as more INJ is staked, the deflationary properties will increase faster. This level of flexibility maintains equilibrium and security within the ecosystem.
INJ Deflationary Rate
The supply decrease schedule of INJ 3.0 will follow an accelerated, yet tightly controlled reduction rate timeline to protect INJ against inflation. The bounds and timeline for the token supply rate change is as follows:
Lower Bound: Currently set at 5%, but will decrease 25% over a period of two years on a uniform quarterly basis.
Upper Bound: Currently set at 10%, but will decrease 30% over the same two-year period.
Schedule by quarter end, 2024-2026+:
With INJ 3.0, Injective aims to continue its trajectory of growth and innovation, ensuring that its native asset remains at the forefront of Web3 finance.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
With this update, INJ 3.0 dramatically reduces the supply for Injective’s native token, ultimately enabling INJ to become one of the most deflationary assets within the blockchain industry, injecting long-term value to grow the ecosystem.
Background
INJ, the native asset of Injective, serves as the cornerstone of the ecosystem, boasting a myriad of utilities that span governance, protocol fees, security mechanisms, and beyond. Its versatility and indispensability within the Injective network make it a vital asset in driving the network's growth and functionality.
However, the utility of INJ has always been highly unique, with features that cannot be found in any other asset. For example, Injective’s Burn Auction has been widely lauded as a distinctive characteristic of INJ’s tokenomics, as it collects, auctions and burns accumulated network fees on a weekly basis.
In the most recent update to INJ (INJ 2.0), this mechanism expanded to include all dApp network fees, capturing the protocol value that came from the growth of the ecosystem. In turn, the burn auction experienced a surge in activity, witnessing a substantial increase in the amount of INJ burned weekly.
As Injective continues to onboard new users and dApps at a rapid pace, the need for further enhancements becomes evident in order to accommodate the growing ecosystem. It is the only way to encompass and embrace the latest developments along its growth journey.
The INJ 3.0 Update
Enter INJ 3.0, the next evolutionary step in the journey of Injective, poised to address the evolving needs of its expanding user base and ecosystem.
The Injective community voted overwhelmingly in favor of IIP-392 to launch INJ 3.0 moving forward. Timed with the Bitcoin halving, the INJ 3.0 governance proposal aimed to decrease the supply of INJ over the next two years, with accelerated rates of deflation based on the ratio of staked INJ on-chain.
“This is the next stage in Injective’s evolution; we’ve seen billions of dollars flow in since inception. To guarantee the ecosystem serves long-term as a peer to institutional players, INJ must function as ultrasound money—rewarding early adopters and attracting new participants,” said Jenna Peterson, CEO of the Injective Foundation. “With these vital updates approved through governance by the broader Injective community, INJ 3.0 aims for INJ to surpass even the sound monetary properties of Bitcoin.”
Injective has increased the rate of deflation by a factor of 400%. The specific token supply rate change parameter ensures that Injective remains adaptive and resilient. Injective will adjust its monetary policy in real-time, reacting swiftly to fluctuations in staking activity. As a result, as more INJ is staked, the deflationary properties will increase faster. This level of flexibility maintains equilibrium and security within the ecosystem.
INJ Deflationary Rate
The supply decrease schedule of INJ 3.0 will follow an accelerated, yet tightly controlled reduction rate timeline to protect INJ against inflation. The bounds and timeline for the token supply rate change is as follows:
Lower Bound: Currently set at 5%, but will decrease 25% over a period of two years on a uniform quarterly basis.
Upper Bound: Currently set at 10%, but will decrease 30% over the same two-year period.
Schedule by quarter end, 2024-2026+:
With INJ 3.0, Injective aims to continue its trajectory of growth and innovation, ensuring that its native asset remains at the forefront of Web3 finance.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
Orbiting the Cosmos Ecosystem
By Binance Research (Brian Chen)
Cosmos is a network of sovereign blockchains, each powered by Cosmos’s technological stack, known as the Interchain Stack. This framework offers a parallel scaling solution for projects requiring high levels of customization while aiming to be part of an interoperable ecosystem.
The Interchain Stack consists of CometBFT, Cosmos SDK, and Inter-Blockchain Communication (“IBC”) Protocol, with each component addressing different layers of a blockchain, including consensus, networking, and application.
In the Cosmos ecosystem, a blockchain enabling the Inter-Blockchain Communication Protocol, a messaging protocol for blockchain interaction, is identified as a “Zone.” Prominent Zones with many IBC connections become known as "Hubs," such as the Cosmos Hub and Osmosis.
In this report, we cover several key projects within the Cosmos ecosystem, including the Cosmos Hub, Osmosis, Injective, Sei Network, Stride, Axelar, Celestia, and Dymension.
Cosmos' growth speaks to its vision of an internet of blockchains. Its success derives from versatile technology and the dedicated team behind it, resulting in a thriving ecosystem. Its steady advancements over the years underline Cosmos' status as a fundamental industry player.
DOWNLOAD THE FULL REPORT HERE
This article originally appeared on Binance Research.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
Cosmos is a network of sovereign blockchains, each powered by Cosmos’s technological stack, known as the Interchain Stack. This framework offers a parallel scaling solution for projects requiring high levels of customization while aiming to be part of an interoperable ecosystem.
The Interchain Stack consists of CometBFT, Cosmos SDK, and Inter-Blockchain Communication (“IBC”) Protocol, with each component addressing different layers of a blockchain, including consensus, networking, and application.
In the Cosmos ecosystem, a blockchain enabling the Inter-Blockchain Communication Protocol, a messaging protocol for blockchain interaction, is identified as a “Zone.” Prominent Zones with many IBC connections become known as "Hubs," such as the Cosmos Hub and Osmosis.
In this report, we cover several key projects within the Cosmos ecosystem, including the Cosmos Hub, Osmosis, Injective, Sei Network, Stride, Axelar, Celestia, and Dymension.
Cosmos' growth speaks to its vision of an internet of blockchains. Its success derives from versatile technology and the dedicated team behind it, resulting in a thriving ecosystem. Its steady advancements over the years underline Cosmos' status as a fundamental industry player.
DOWNLOAD THE FULL REPORT HERE
This article originally appeared on Binance Research.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Youtube | Facebook | LinkedIn | Reddit | Instagram | Orbit Newsletter
Injective and Jambo Bring Mobile-Based DeFi to Millions in Emerging Markets
Today, Injective announces its collaboration with Jambo, the largest web3 mobile infrastructure bringing emerging markets on-chain, to offer blockchain-powered financial solutions in emerging markets through the JamboPhone.
This collaboration is grounded in a shared vision to make blockchain technology a truly global phenomenon, providing web3-based experiences to emerging economies in Africa, Southeast Asia, and Latin America.
Starting now, a number of Injective native dApps such as Ninji Wallet will be available on Jambo phones, enabling millions of new users to access the Injective ecosystem easier than ever before.
What Is Jambo?
Jambo is a leading innovator dedicated to connecting emerging markets with the digital world through user-friendly, affordable technology. Their core offering is the JamboPhone, which is a Web3 Android 13 smartphone with a competitive price point to introduce millions of potential users to Injective’s advanced DeFi ecosystem.
Already sold in over 100 countries, users are able to engage with the global economy by utilizing the preloaded Jambo Ecosystem applications featuring DeFi, gaming, and web3 infrastructure applications.
Bringing Injective to Emerging Markets
With this collaboration, the JamboPhone will feature Ninji, the leading wallet on Injective, on their dApp store, allowing any JamboPhone user to quickly onboard into the Injective ecosystem.
"Injective’s collaboration with Jambo demonstrates Injective’s commitment to bringing equitable access for financial services globally, employing the borderless reach of Web3 and blockchain,” said Mirza Uddin, Head of Business at Injective Labs. “Combining Injective’s robust infrastructure stack with Jambo’s mature Web3 mobile technology will enable us to efficiently scale DeFi to the point where it can tangibly help billions of people overcome socioeconomic hurdles. Injective’s mission envisions a world where tasks like making loans, transferring money internationally, and managing stock portfolios beyond the confines of a bank or investment firm is an option for anyone.”
Emerging markets face their own unique set of economic challenges that Injective can address with its unmatched blockchain network. Injective enables developers to rapidly launch innovative financial applications with its innovative plug-and-play Web3 modules, which dramatically reduces time to market. Anyone can easily create a host of apps ranging from DEXs and lending platforms to payment apps. With Jambo’s game changing smartphone and Injective’s diverse features, participation in the digital economy becomes more accessible, democratized, and financially equitable.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
This collaboration is grounded in a shared vision to make blockchain technology a truly global phenomenon, providing web3-based experiences to emerging economies in Africa, Southeast Asia, and Latin America.
Starting now, a number of Injective native dApps such as Ninji Wallet will be available on Jambo phones, enabling millions of new users to access the Injective ecosystem easier than ever before.
What Is Jambo?
Jambo is a leading innovator dedicated to connecting emerging markets with the digital world through user-friendly, affordable technology. Their core offering is the JamboPhone, which is a Web3 Android 13 smartphone with a competitive price point to introduce millions of potential users to Injective’s advanced DeFi ecosystem.
Already sold in over 100 countries, users are able to engage with the global economy by utilizing the preloaded Jambo Ecosystem applications featuring DeFi, gaming, and web3 infrastructure applications.
Bringing Injective to Emerging Markets
With this collaboration, the JamboPhone will feature Ninji, the leading wallet on Injective, on their dApp store, allowing any JamboPhone user to quickly onboard into the Injective ecosystem.
"Injective’s collaboration with Jambo demonstrates Injective’s commitment to bringing equitable access for financial services globally, employing the borderless reach of Web3 and blockchain,” said Mirza Uddin, Head of Business at Injective Labs. “Combining Injective’s robust infrastructure stack with Jambo’s mature Web3 mobile technology will enable us to efficiently scale DeFi to the point where it can tangibly help billions of people overcome socioeconomic hurdles. Injective’s mission envisions a world where tasks like making loans, transferring money internationally, and managing stock portfolios beyond the confines of a bank or investment firm is an option for anyone.”
Emerging markets face their own unique set of economic challenges that Injective can address with its unmatched blockchain network. Injective enables developers to rapidly launch innovative financial applications with its innovative plug-and-play Web3 modules, which dramatically reduces time to market. Anyone can easily create a host of apps ranging from DEXs and lending platforms to payment apps. With Jambo’s game changing smartphone and Injective’s diverse features, participation in the digital economy becomes more accessible, democratized, and financially equitable.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
How to Launch a Token on Injective
Interested in launching your first token on Injective? This guide will walk you through all the major steps to get started, even if you are unfamiliar with coding!
How To Get Started
To deploy a token on Injective, you will need to:
Launch a token on Injective via TokenStation, DojoSwap or CLI
Manage your token
Get tracked on Injective Explorer
Launch a Token on Injective via TokenStation
First, go to TokenStation and connect your wallet. TokenStation is the first native token launcher that allows anyone to launch a native token in seconds on Injective with the lowest fees.
Click “Create Token” on the left panel of the page. Fill in the symbol, name, description and logo of your token.
Once confirmed, click the “Create Token” button to sign and create the token from your own wallet. It costs you only 0.1 INJ to create the token.
A “Token Details” page will appear next, where you will need to enter the initial supply of your token and mint it.
It’s that simple. You just launched your first token on Injective!
Within this “Manage Token” section you will be able to slash the supply by burning tokens, transfer tokens to another address, edit Metadata and change ownership.
Launch a Token on Injective via DojoSwap
Alternatively, you can launch a CW20 token via the Token Factory feature on DojoSwap. To read more about CW20 reflection standard, please visit here.
Go to Token Factory and enter all the information. Click the “Create CW20 Token” button once confirm.
To create liquidity pairs and make your token tradeable on DojoSwap, please visit the Market Creation doc written by the DojoSwap team to continue with further steps.
To manage your token such as editing token details, please visit here.
Launch a Token on Injective via CLI
To launch a token via CLI, as well as a summary of the other methods, please visit the Injective developer docs here.
Get Tracked on Injective Explorer
Once created, apply to get tracked on the Injective Explorer page.
To do this, add your information to the token-metadata package by following the instructions here.
Disclaimer: This document is not financial or investment advice and is not an endorsement of any particular product or service. Launching a token on Injective is entirely at your own risk. Any use of https://helixapp.com/ (“Helix”) is subject to Helix’s Terms and Conditions at https://helixapp.com/terms. Any use of https://mito.fi/ (“Mito”) is subject to Mito’s Terms of Use at https://mito.fi/terms-of-use/.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook| LinkedIn | Reddit | Instagram | Orbit Newsletter
How To Get Started
To deploy a token on Injective, you will need to:
Launch a token on Injective via TokenStation, DojoSwap or CLI
Manage your token
Get tracked on Injective Explorer
Launch a Token on Injective via TokenStation
First, go to TokenStation and connect your wallet. TokenStation is the first native token launcher that allows anyone to launch a native token in seconds on Injective with the lowest fees.
Click “Create Token” on the left panel of the page. Fill in the symbol, name, description and logo of your token.
Once confirmed, click the “Create Token” button to sign and create the token from your own wallet. It costs you only 0.1 INJ to create the token.
A “Token Details” page will appear next, where you will need to enter the initial supply of your token and mint it.
It’s that simple. You just launched your first token on Injective!
Within this “Manage Token” section you will be able to slash the supply by burning tokens, transfer tokens to another address, edit Metadata and change ownership.
Launch a Token on Injective via DojoSwap
Alternatively, you can launch a CW20 token via the Token Factory feature on DojoSwap. To read more about CW20 reflection standard, please visit here.
Go to Token Factory and enter all the information. Click the “Create CW20 Token” button once confirm.
To create liquidity pairs and make your token tradeable on DojoSwap, please visit the Market Creation doc written by the DojoSwap team to continue with further steps.
To manage your token such as editing token details, please visit here.
Launch a Token on Injective via CLI
To launch a token via CLI, as well as a summary of the other methods, please visit the Injective developer docs here.
Get Tracked on Injective Explorer
Once created, apply to get tracked on the Injective Explorer page.
To do this, add your information to the token-metadata package by following the instructions here.
Disclaimer: This document is not financial or investment advice and is not an endorsement of any particular product or service. Launching a token on Injective is entirely at your own risk. Any use of https://helixapp.com/ (“Helix”) is subject to Helix’s Terms and Conditions at https://helixapp.com/terms. Any use of https://mito.fi/ (“Mito”) is subject to Mito’s Terms of Use at https://mito.fi/terms-of-use/.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
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The March Community Update: InEVM on Mainnet Issue
As March marches on, Injective further cements its position at the forefront of the decentralized finance industry, embodying continuous progress and groundbreaking innovation. This month has been filled with significant developments and updates, including the launch of inEVM on Injective’s mainnet and pivotal upgrades like the enhancement of the Injective Bridge, each marking yet another milestone in the ongoing saga of extraordinary accomplishments within the Injective ecosystem.
A pivotal moment in March was the launch of Injective's inEVM on mainnet, a groundbreaking milestone in virtual machine development with the first rollup to hyperscale concurrent VM innovation. This transformative update redefines the dApp development and execution landscape, offering unmatched scalability, speed, and efficiency. By enabling the simultaneous processing of transactions, inEVM not only significantly boosts the Injective ecosystem's performance but also further unites Injective and Ethereum. This enhancement expands Injective's technological horizons and enriches user experience, providing a more dynamic, responsive, and integrated environment for both developers and users.
Another highlight during the month of March was the unveiling of the Ionic Upgrade to the Injective Bridge, marking a significant leap in blockchain interoperability and efficiency. This next-generation update revolutionizes the way assets are transferred across different ecosystems, streamlining the process with enhanced security and speed. This advancement not only broadens the scope of Injective's capabilities but also significantly improves the user experience, making cross-chain transactions more seamless and reliable than ever before.
The Injective ecosystem also expanded during this month with a number of dApps launching on mainnet and a recorded number of over 540 million on-chain transactions, showcasing Injective’s scalability and growing presence in the Web3 scene.
Highlighted Ecosystem News
inEVM Mainnet Launch
1/ Injective #inEVM is live on mainnet, the first ever rollup designed to supercharge concurrent VM development.inEVM enables Ethereum developers to build dApps that leverage blazing fast speeds & near zero fees while achieving composability across WASM and EVMRead on 👇 pic.twitter.com/OXtPQTVnvx
— Injective 🥷 (@injective) March 7, 2024
The inEVM's mainnet launch on Injective is a groundbreaking event in DeFi, introducing the first rollup to hyperscale concurrent virtual machine (VM) development. This leap forward propels decentralized computing into a new era, significantly enhancing the efficiency, scalability, and interoperability of dApp development and deployment.
This deployment is particularly revolutionary for its ability to bridge the functionalities of Injective and Ethereum, creating a unified platform where developers can leverage the best of both ecosystems. The introduction of inEVM on the mainnet is notable for its sophisticated architecture, which promises to refine development processes, offer a wide array of application possibilities, and simplify interactions with blockchain technologies. These advancements aim to make the decentralized web more accessible and versatile, catering to a broad spectrum of user needs and preferences.
With the rollout of inEVM, Injective is not just enhancing its own ecosystem but also contributing to a more cohesive and efficient blockchain infrastructure. This development marks a significant stride towards realizing a fully interoperable and high-performing decentralized finance landscape, underlying Injective's commitment to innovation and its pivotal role in the evolution of blockchain technology.
Injective Bridge Ionic Upgrade
1/ Today, Injective is unveiling the Ionic upgrade to the Injective Bridge 🌁Advanced interoperability meets superior UX with near 0 fees.Now users can take advantage of a one click bridging experience across chains like Solana, Cosmos and Ethereum.Keep reading 🧵
— Injective 🥷 (@injective) March 26, 2024
The launch of the Ionic upgrade to the Injective Bridge marks a transformative moment in interoperability and functionality. This next-generation enhancement elevates the Injective ecosystem, setting a new standard for asset transfers between diverse blockchain networks. By optimizing the bridge's architecture for greater efficiency, security, and speed, the Ionic upgrade facilitates a smoother, more reliable cross-chain interaction, significantly improving the user experience for both seasoned blockchain enthusiasts and newcomers alike.
With the Ionic upgrade, the Injective Bridge is poised to become a cornerstone of cross-chain transactions, underpinning a more connected and seamless blockchain environment. This milestone reflects Injective's ongoing dedication to innovation and its pivotal role in shaping the future of decentralized finance, further solidifying its position as a leader in the blockchain space.
Ethena Shards Expands Beyond Ethereum and Launches Exclusively on Injective
1/ @ethena_labs is integrating with Injective today, marking its first expansion outside of the Ethereum ecosystem.Both the Injective and the broader IBC community now have access to USDe, enabling users to earn Ethena Shards beginning on March 11th.Details below 👇
— Injective 🥷 (@injective) March 6, 2024
The launch of Ethena Shards outside of Ethereum, exclusively on Injective, marks a significant expansion in the scope of cross-chain assets, fostering a more inclusive and diverse blockchain ecosystem. This strategic move introduces a novel asset class to the Injective platform, and sets a new precedent for asset interoperability and innovation within the DeFi space.
This collaboration paves the way for Injective and the wider IBC community to access USDe and participate in Ethena’s widely popular Shard Campaign.
Users can earn 15x shards by joining the USDe/USDT vault on Mito, while also enjoying a 28.91% APY yield* as a vault LP holder.
*At the time of publishing.
SA World Launches on Injective
1/ This past week, one of the largest gaming infrastructure platforms, @SAWorld_io, announced a major move to release on Injective. What is SA World, and what does this mean for Injective?
— Injective 🥷 (@injective) March 30, 2024
SA World announced a strategic migration from Polygon and BNB Chain to launch exclusive on Injective, signifying a pivotal shift towards supercharging the GameFi sector on Injective. By choosing Injective as its new home, SA World aims to leverage the platform's superior speed, efficiency, and interoperability features, promising a seamless and enriched gaming experience for its users.
This migration is indicative of the growing trend of gaming platforms recognizing the value of robust blockchain networks like Injective to unlock new possibilities in gameplay, economics, and community engagement. It underlines Injective's growing influence and capability in supporting high-demand sectors like GameFi, setting new standards for what is achievable in terms of game development and player interaction in a decentralized setting. Moreover, SA World's move to Injective is expected to pave the way for further innovations and collaborations in the GameFi space, contributing to the evolution of gaming on the blockchain and reinforcing Injective's position at the forefront of this exciting intersection between gaming and DeFi.
Full List of Injective Updates
Ecosystem Updates
Wormhole is airdropping Injective users that used Wormhole to bridge into Injective.
LayerZero launched on inEVM.
ApeBond, a project building a sustainable DeFi future launched on inEVM.
Thetanuts Finance is the first options protocol to deploy on inEVM .
Gryphon, the decentralized liquid staking protocol on Injective, announced that nUSD is coming soon.
Mito, an automated trading vault and launchpad launched a USDe vault.
DeFi Llama now tracks Injective’s inEVM.
MathWallet is supporting inEVM.
Injective collaborates with AltLayer to create the first ever restaked security framework for on-chain inEVM applications.
Relative Finance launched its peer-to-peer relative value wagers on inEVM.
TokenStation the first native Injective token launcher, is live.
Helix, a decentralized exchange on Injective announced a $PYTH genesis airdrop for the most dedicated community members.
Chain Updates:
Injective launched inEVM on mainnet.
OKX Web3 Wallet integrated Injective.
Ethena Labs integrated Injective marking its first expansion outside of the Ethereum ecosystem.
Galxe integrated Injective to push community engagement and growth across their platform.
Bonfida now allows users to use their .sol domain on Injective to send and receive funds with Leap wallet app and extension.
Partnership with Noble to bring native USDC to Injective.
Artemis integrated Injective to provide institutional-grade analytics for ecosystem users and dApps.
Clusters, the fastest growing cross-chain name service integrated Injective.
Injective Stats:
Injective surpassed over 500M on-chain transactions.
Injective produced over 65 million blocks on mainnet.
Injective reached 450,000 active wallets.
Injective reached over 210,000 unique delegates.
Injective has over 50,600,000 $INJ staked.
A total of 25,458 INJ was burned through weekly burn auctions in March, and a total of 5.88 million INJ has been burned to date with over 142 burns.
The total gas fees paid by users on Injective to date is zero.
Injective hit over 522 followers on Twitter and 532 members on Discord.
The INJ staking APR on Injective is 15.57% with over 50.6 million INJ staked.
The total trading volume on exchange dApps on Injective reached $2.9B in March, with its peak daily volume on March 5th reaching $188.9M volume. The most liquid markets are BTC and ETH perpetuals.
The markets on Injective exchange dApps performed well this month, with Bitcoin (BTC) increasing from 62,100 to 70,472, marking a 13.5% surge. Dogwifhat (WIF) showed significant growth, rising from 1.19 to 4.49, indicating a substantial 277.3% increase.
Community Updates:
Injective sponsored ETH Denver and had a claw machine at the booth.
Injective hosted a side event with Copper in London during DAS.
Eric Chen, CEO of Injective Labs will present during Solana Crossroads.
Injective hosted Ethena for a Twitter Space discussion.
inEVM AMA with Hyperlane and Caldera.
Injective hosted a side event during Korea’s BUIDL week.
Injective launched ambassador badges on Galxe.
Eric Chen spoke to Forbes about the groundbreaking infrastructure enabling a new era of RWA tokenization.
Injective hosted Noble for a Twitter Space conversation on native USDC on Injective.
The first Injective quadratic funding round went live on DoraHacks with a total matching pool of 1,500 INJ.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
A pivotal moment in March was the launch of Injective's inEVM on mainnet, a groundbreaking milestone in virtual machine development with the first rollup to hyperscale concurrent VM innovation. This transformative update redefines the dApp development and execution landscape, offering unmatched scalability, speed, and efficiency. By enabling the simultaneous processing of transactions, inEVM not only significantly boosts the Injective ecosystem's performance but also further unites Injective and Ethereum. This enhancement expands Injective's technological horizons and enriches user experience, providing a more dynamic, responsive, and integrated environment for both developers and users.
Another highlight during the month of March was the unveiling of the Ionic Upgrade to the Injective Bridge, marking a significant leap in blockchain interoperability and efficiency. This next-generation update revolutionizes the way assets are transferred across different ecosystems, streamlining the process with enhanced security and speed. This advancement not only broadens the scope of Injective's capabilities but also significantly improves the user experience, making cross-chain transactions more seamless and reliable than ever before.
The Injective ecosystem also expanded during this month with a number of dApps launching on mainnet and a recorded number of over 540 million on-chain transactions, showcasing Injective’s scalability and growing presence in the Web3 scene.
Highlighted Ecosystem News
inEVM Mainnet Launch
1/ Injective #inEVM is live on mainnet, the first ever rollup designed to supercharge concurrent VM development.inEVM enables Ethereum developers to build dApps that leverage blazing fast speeds & near zero fees while achieving composability across WASM and EVMRead on 👇 pic.twitter.com/OXtPQTVnvx
— Injective 🥷 (@injective) March 7, 2024
The inEVM's mainnet launch on Injective is a groundbreaking event in DeFi, introducing the first rollup to hyperscale concurrent virtual machine (VM) development. This leap forward propels decentralized computing into a new era, significantly enhancing the efficiency, scalability, and interoperability of dApp development and deployment.
This deployment is particularly revolutionary for its ability to bridge the functionalities of Injective and Ethereum, creating a unified platform where developers can leverage the best of both ecosystems. The introduction of inEVM on the mainnet is notable for its sophisticated architecture, which promises to refine development processes, offer a wide array of application possibilities, and simplify interactions with blockchain technologies. These advancements aim to make the decentralized web more accessible and versatile, catering to a broad spectrum of user needs and preferences.
With the rollout of inEVM, Injective is not just enhancing its own ecosystem but also contributing to a more cohesive and efficient blockchain infrastructure. This development marks a significant stride towards realizing a fully interoperable and high-performing decentralized finance landscape, underlying Injective's commitment to innovation and its pivotal role in the evolution of blockchain technology.
Injective Bridge Ionic Upgrade
1/ Today, Injective is unveiling the Ionic upgrade to the Injective Bridge 🌁Advanced interoperability meets superior UX with near 0 fees.Now users can take advantage of a one click bridging experience across chains like Solana, Cosmos and Ethereum.Keep reading 🧵
— Injective 🥷 (@injective) March 26, 2024
The launch of the Ionic upgrade to the Injective Bridge marks a transformative moment in interoperability and functionality. This next-generation enhancement elevates the Injective ecosystem, setting a new standard for asset transfers between diverse blockchain networks. By optimizing the bridge's architecture for greater efficiency, security, and speed, the Ionic upgrade facilitates a smoother, more reliable cross-chain interaction, significantly improving the user experience for both seasoned blockchain enthusiasts and newcomers alike.
With the Ionic upgrade, the Injective Bridge is poised to become a cornerstone of cross-chain transactions, underpinning a more connected and seamless blockchain environment. This milestone reflects Injective's ongoing dedication to innovation and its pivotal role in shaping the future of decentralized finance, further solidifying its position as a leader in the blockchain space.
Ethena Shards Expands Beyond Ethereum and Launches Exclusively on Injective
1/ @ethena_labs is integrating with Injective today, marking its first expansion outside of the Ethereum ecosystem.Both the Injective and the broader IBC community now have access to USDe, enabling users to earn Ethena Shards beginning on March 11th.Details below 👇
— Injective 🥷 (@injective) March 6, 2024
The launch of Ethena Shards outside of Ethereum, exclusively on Injective, marks a significant expansion in the scope of cross-chain assets, fostering a more inclusive and diverse blockchain ecosystem. This strategic move introduces a novel asset class to the Injective platform, and sets a new precedent for asset interoperability and innovation within the DeFi space.
This collaboration paves the way for Injective and the wider IBC community to access USDe and participate in Ethena’s widely popular Shard Campaign.
Users can earn 15x shards by joining the USDe/USDT vault on Mito, while also enjoying a 28.91% APY yield* as a vault LP holder.
*At the time of publishing.
SA World Launches on Injective
1/ This past week, one of the largest gaming infrastructure platforms, @SAWorld_io, announced a major move to release on Injective. What is SA World, and what does this mean for Injective?
— Injective 🥷 (@injective) March 30, 2024
SA World announced a strategic migration from Polygon and BNB Chain to launch exclusive on Injective, signifying a pivotal shift towards supercharging the GameFi sector on Injective. By choosing Injective as its new home, SA World aims to leverage the platform's superior speed, efficiency, and interoperability features, promising a seamless and enriched gaming experience for its users.
This migration is indicative of the growing trend of gaming platforms recognizing the value of robust blockchain networks like Injective to unlock new possibilities in gameplay, economics, and community engagement. It underlines Injective's growing influence and capability in supporting high-demand sectors like GameFi, setting new standards for what is achievable in terms of game development and player interaction in a decentralized setting. Moreover, SA World's move to Injective is expected to pave the way for further innovations and collaborations in the GameFi space, contributing to the evolution of gaming on the blockchain and reinforcing Injective's position at the forefront of this exciting intersection between gaming and DeFi.
Full List of Injective Updates
Ecosystem Updates
Wormhole is airdropping Injective users that used Wormhole to bridge into Injective.
LayerZero launched on inEVM.
ApeBond, a project building a sustainable DeFi future launched on inEVM.
Thetanuts Finance is the first options protocol to deploy on inEVM .
Gryphon, the decentralized liquid staking protocol on Injective, announced that nUSD is coming soon.
Mito, an automated trading vault and launchpad launched a USDe vault.
DeFi Llama now tracks Injective’s inEVM.
MathWallet is supporting inEVM.
Injective collaborates with AltLayer to create the first ever restaked security framework for on-chain inEVM applications.
Relative Finance launched its peer-to-peer relative value wagers on inEVM.
TokenStation the first native Injective token launcher, is live.
Helix, a decentralized exchange on Injective announced a $PYTH genesis airdrop for the most dedicated community members.
Chain Updates:
Injective launched inEVM on mainnet.
OKX Web3 Wallet integrated Injective.
Ethena Labs integrated Injective marking its first expansion outside of the Ethereum ecosystem.
Galxe integrated Injective to push community engagement and growth across their platform.
Bonfida now allows users to use their .sol domain on Injective to send and receive funds with Leap wallet app and extension.
Partnership with Noble to bring native USDC to Injective.
Artemis integrated Injective to provide institutional-grade analytics for ecosystem users and dApps.
Clusters, the fastest growing cross-chain name service integrated Injective.
Injective Stats:
Injective surpassed over 500M on-chain transactions.
Injective produced over 65 million blocks on mainnet.
Injective reached 450,000 active wallets.
Injective reached over 210,000 unique delegates.
Injective has over 50,600,000 $INJ staked.
A total of 25,458 INJ was burned through weekly burn auctions in March, and a total of 5.88 million INJ has been burned to date with over 142 burns.
The total gas fees paid by users on Injective to date is zero.
Injective hit over 522 followers on Twitter and 532 members on Discord.
The INJ staking APR on Injective is 15.57% with over 50.6 million INJ staked.
The total trading volume on exchange dApps on Injective reached $2.9B in March, with its peak daily volume on March 5th reaching $188.9M volume. The most liquid markets are BTC and ETH perpetuals.
The markets on Injective exchange dApps performed well this month, with Bitcoin (BTC) increasing from 62,100 to 70,472, marking a 13.5% surge. Dogwifhat (WIF) showed significant growth, rising from 1.19 to 4.49, indicating a substantial 277.3% increase.
Community Updates:
Injective sponsored ETH Denver and had a claw machine at the booth.
Injective hosted a side event with Copper in London during DAS.
Eric Chen, CEO of Injective Labs will present during Solana Crossroads.
Injective hosted Ethena for a Twitter Space discussion.
inEVM AMA with Hyperlane and Caldera.
Injective hosted a side event during Korea’s BUIDL week.
Injective launched ambassador badges on Galxe.
Eric Chen spoke to Forbes about the groundbreaking infrastructure enabling a new era of RWA tokenization.
Injective hosted Noble for a Twitter Space conversation on native USDC on Injective.
The first Injective quadratic funding round went live on DoraHacks with a total matching pool of 1,500 INJ.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
SA World Makes a Bold Move, Migrating to Injective to Supercharge GameFi
SA World today announces a major move to release its gaming infrastructure platform on Injective. This directly migrates one of the largest gaming projects in crypto from Polygon and BNB Chain to exclusively launch within the Injective ecosystem.
This integration redefines the landscape of GameFi on Injective by offering a platform in which games and innovative features are able to thrive by utilizing Injective’s cutting-edge technology.
What Is SA World?
Backed by heavyweights such as Pantera and Coinbase, SA World is one of the largest gaming networks on Polygon and BNB chain. It is a one-stop Web3 gaming destination offering an extensive selection of rewarding games alongside a comprehensive suite of streamlined and efficient game management tools.
SA World began with its first game Summoners Arena which became one of the most popular gaming networks, reaching more than 500,000 players. Back in 2022, Summoners Arena Idle RPG game was designed on the Binance Smart Chain network. Summoners Arena provided players with a massive character system with their own skills and stories, a simple, accessible gameplay for all ages. Now SA World will take the next step in its evolution with Injective.
Unlocking the Power of NFTs
SA World is set to introduce its NFTs into the Injective ecosystem, which accumulated nearly $1M in trading volume within just 2 weeks of launch on its previous networks. Players are empowered to retain control and accessibility over their NFT assets through exclusive NFT VIP passes, which grant exclusive access to SA World's benefits on OpenSea, Magic Eden, and Dew marketplaces.
Injective’s SA World integration also introduces a breakthrough infrastructure of NFT concepts, opening avenues for other gamping protocols to seamlessly launch on its platform. For game developers, NFT concepts are a ready-to-use asset suite that meet the industry’s increasing scalability and integration demands while eliminating the hassle of managing plus coordinating in-game economies.
SA World is able to tap into Injective’s ecosystem to not only allow for its NFT concepts to flourish, but to also leverage Injective to further bolster their growth and adoption.
Empowering GameFi with Injective's Unmatched Infrastructure
Injective's cutting-edge L1 blockchain network provides the ideal foundation for SA World's migration. With its unparalleled transaction efficiency and subsecond block times, Injective ensures a seamless and cost-effective gaming experience for users.
The integration brings forth the large community that utilizes SA World’s flagship products, along with the widely adopted in-game currency, ASG, utilized by over 500,000 users. Furthermore, it signifies SA World's plans to introduce its native asset, SAE, on Injective through Mito's Launchpad.
By leveraging Injective's advanced technology, SA World can fully realize its potential, fostering interoperability and maximizing asset value within the Web gaming industry.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
This integration redefines the landscape of GameFi on Injective by offering a platform in which games and innovative features are able to thrive by utilizing Injective’s cutting-edge technology.
What Is SA World?
Backed by heavyweights such as Pantera and Coinbase, SA World is one of the largest gaming networks on Polygon and BNB chain. It is a one-stop Web3 gaming destination offering an extensive selection of rewarding games alongside a comprehensive suite of streamlined and efficient game management tools.
SA World began with its first game Summoners Arena which became one of the most popular gaming networks, reaching more than 500,000 players. Back in 2022, Summoners Arena Idle RPG game was designed on the Binance Smart Chain network. Summoners Arena provided players with a massive character system with their own skills and stories, a simple, accessible gameplay for all ages. Now SA World will take the next step in its evolution with Injective.
Unlocking the Power of NFTs
SA World is set to introduce its NFTs into the Injective ecosystem, which accumulated nearly $1M in trading volume within just 2 weeks of launch on its previous networks. Players are empowered to retain control and accessibility over their NFT assets through exclusive NFT VIP passes, which grant exclusive access to SA World's benefits on OpenSea, Magic Eden, and Dew marketplaces.
Injective’s SA World integration also introduces a breakthrough infrastructure of NFT concepts, opening avenues for other gamping protocols to seamlessly launch on its platform. For game developers, NFT concepts are a ready-to-use asset suite that meet the industry’s increasing scalability and integration demands while eliminating the hassle of managing plus coordinating in-game economies.
SA World is able to tap into Injective’s ecosystem to not only allow for its NFT concepts to flourish, but to also leverage Injective to further bolster their growth and adoption.
Empowering GameFi with Injective's Unmatched Infrastructure
Injective's cutting-edge L1 blockchain network provides the ideal foundation for SA World's migration. With its unparalleled transaction efficiency and subsecond block times, Injective ensures a seamless and cost-effective gaming experience for users.
The integration brings forth the large community that utilizes SA World’s flagship products, along with the widely adopted in-game currency, ASG, utilized by over 500,000 users. Furthermore, it signifies SA World's plans to introduce its native asset, SAE, on Injective through Mito's Launchpad.
By leveraging Injective's advanced technology, SA World can fully realize its potential, fostering interoperability and maximizing asset value within the Web gaming industry.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
The Next Generation Injective Bridge: Ionic Upgrade
Injective today is releasing the ionic upgrade to the Injective Bridge, unveiling the most advanced interoperability solution in crypto alongside a superior user experience with near zero fees.
The all new Injective Bridge will unify one click bridging across major chains including Ethereum, Solana and Cosmos. In addition, it brings a revamped UX with easy deposit functions, comprehensive transaction histories and state of the art transfer tracking mechanisms.
Background
Injective today is one of the most interoperable L1 blockchains in existence. This was achieved via strategically integrating some of the most widely utilized networks across the expansive crypto industry.
The vision for Injective's interoperability lies in its roots of creating one core hub for all of finance to thrive. To do so, it was essential to ensure that any asset stemming from distinct chains can find a home and easily onboard onto Injective.
Injective developers began by creating the Peggy bridge which tied together Ethereum with Injective itself. This would enable any ERC20 asset to be bridged onto Injective. The synergy with Ethereum itself was further heightened with the creation of an advanced signature scheme that would allow Ethereum users to sign any transaction on Injective with any EVM compatible wallet such as MetaMask.
As the ecosystem continued to grow, so did Injective's efforts towards creating routes to new chains. Injective was one of the first chains to natively adopt IBC compatibility, effectively allowing developers to seamlessly transfer data and assets. This allows any asset to seamlessly flow into Injective from any other IBC-enabled blockchain.
Last year, Injective began to make even larger strides towards interoperability when it integrated Wormhole, making it one of the first chains to do so. This also allowed Injective to interact directly with prominent blockchains such as Solana.
The Injective Bridge: Ionic Upgrade
The Ionic upgrade brings Injective to an entirely new level. Now for the first time, users and developers alike will be able to leverage one click bridging from any major chain onto Injective.
With the Ionic Upgrade, Injective users will be able to bridge any asset from the larger IBC ecosystem, bridge the latest assets via Wormhole 2.0 (without ever leaving Injective), and also continuously bridge any ERC20 token via Injective’s native Ethereum bridge (Peggy bridge). Under the hood, this is an extensive lift by developers in the Injective ecosystem who worked to tightly integrate all of the distinct interoperability frameworks into one standalone product. As a result, the complexities around bridging across individual chains are all abstracted away into one unified product built on Injective.
One Click Bridging
One Click Deposits on the Injective Bridge
The Ionic upgrade provides everyone with an intuitive user experience that makes onboarding onto Injective easier than ever before! With only a click, you can deposit from major networks such as Ethereum, Polygon and more. Major assets such as USDT, wETH and more can also be bridged onto Injective where the user can also designate the recipient address. This provides far more flexibility than before, where anyone can choose to bridge assets onto a different wallet or network.
Seamless Chain Access
The Injective Bridge Portal
Now developers and users alike can transfer from a host of chains including EVM chains such as Ethereum, non-EVM chains such as Solana and IBC-enabled chains such as Celestia. The same deposit framework outlined above is retained, meaning that regardless of which chain or asset is selected, the entire process can be completed with just a click.
Furthermore, the balances for any asset across any chain can be viewed on the same page, allowing users to have a complete view of their holdings.
Expanded Transaction Monitoring
The Bridge Process on Injective
Every single step of the bridging process can be monitored by users at all times. The flow begins of course with the user initiating the bridge process with one click at the start. From there, the entire bridging experience is abstracted away.
If users choose to do so, they can view the transaction on the explorer for the initial chain such as Etherscan for Ethereum. In addition, once the asset appears on Injective, the Injective Explorer can be used to view the asset as well.
Users do not need to be on the bridge page after they make the initial deposit, so even if the site is closed, the bridging process will occur just the same. The new monitoring system provides everyone with further peace of mind as now assets can always be tracked through a simple UI and more detailed explorers as well.
Comprehensive Bridging History
Injective Bridge History
The Ionic upgrade for the Injective Bridge also provides for the first time a detailed history of any transfer made.
The initial overview provides the exact timestamps as well so a user can always view the page at a later date. Expanding the "Completed" dropdown will also highlight the exact bridge amount, the transaction hash with an explorer link and the wallets involved in the bridging process.
Enhanced Ethereum Compatibility
Injective's compatibility with Ethereum is further highlighted by lightning fast transfer times for both deposits and withdrawals. Unlike other blockchains today where withdrawals can take up to a week, withdrawals on Injective take only minutes!
As a result, Injective today becomes the fastest chain for interacting with Ethereum and EVM native assets.
Near Zero Fees
Injective release of Gas Compression is also now integrated into the new bridging process, meaning that transactions incur the lowest fees in all of crypto! In the end, this means users are able to retain more of their funds on Injective compared to any other L1 network today.
Wormhole Gateway Integration
The Wormhole experience is also now directly embedded into the Injective Bridge for the first time. As a result, users no longer need to navigate multiple bridge providers or Portal Bridge to make their Wormhole native transfers to Injective.
Assets from chains such as Solana, Polygon, Arbitrum and more can now rapidly be deposited onto Injective. Wallets such as Phantom, Keplr and MetaMask can be utilized for the bridging experience, meaning that users can continue to use familiar wallets to onboard onto Injective.
Wormhole Migration
With the introduction of Wormhole Gateway, a paradigm shift occurred. Tokens bridged in through this upgraded mechanism are automatically designated as bank tokens, the canonical version of the asset on Injective.
Previously, tokens bridged into Injective via Wormhole were designated as CW20 tokens. While these tokens served their purpose, they lacked the seamless interoperability required for optimal performance within the Injective environment. CW20 tokens, although functional, needed to undergo a conversion process into Bank denom tokens to unlock their full potential within the ecosystem. This conversion facilitated compatibility with essential components like the on-chain Injective orderbook module and dApps across the ecosystem.
With the Ionic upgrade directly integrating Wormhole Gateway, users no longer need to manually convert bridged assets into Bank assets. This process now occurs automatically with the new upgrade, significantly enhancing the seamlessness and efficiency of bridging for end-users. As a result, when users bridge a new asset or wish to quickly create markets for tokens, they can do so without any hassle or in-depth technical knowledge about distinct token denominations.
Wormhole Legacy Assets
Starting now, Injective users are encouraged to transition their existing "legacy" tokens to the new Wormhole Gateway standard through the revamped Injective Bridge.
For users with tokens previously bridged into Injective via Wormhole, a "LEGACY" suffix will be assigned. Migrating legacy tokens to the one unified token standard can also be achieved in one click using the Injective Bridge! The Injective bridge provides a user-friendly interface for this migration process, ensuring a smooth transition without compromising on security or efficiency.
Migrating to one standard will ensure far more composability for assets and new use cases as a whole as dApps across the Injective ecosystem begin to follow one standard.
A New Era of Interoperability
The introduction of the Ionic upgrade to the Injective Bridge represents a major milestone in the evolution of Web3 infrastructure as a whole.
For the first time, anyone can effortlessly deposit assets onto Injective from a host of different networks in one unified product, opening up a world of possibilities for Web3 finance enthusiasts and developers alike. One click deposits, enhanced transaction monitoring, and major optimizations across the infrastructure stack alongside the lowest fees in all of crypto, enable Injective to truly provide the best bridging experience to date. In turn, this allows for far higher levels of composability than what was previously thought to be possible.
By embracing enhanced token standards and prioritizing interoperability, Injective continues to empower users with unparalleled flexibility and efficiency in their digital asset transactions.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
The all new Injective Bridge will unify one click bridging across major chains including Ethereum, Solana and Cosmos. In addition, it brings a revamped UX with easy deposit functions, comprehensive transaction histories and state of the art transfer tracking mechanisms.
Background
Injective today is one of the most interoperable L1 blockchains in existence. This was achieved via strategically integrating some of the most widely utilized networks across the expansive crypto industry.
The vision for Injective's interoperability lies in its roots of creating one core hub for all of finance to thrive. To do so, it was essential to ensure that any asset stemming from distinct chains can find a home and easily onboard onto Injective.
Injective developers began by creating the Peggy bridge which tied together Ethereum with Injective itself. This would enable any ERC20 asset to be bridged onto Injective. The synergy with Ethereum itself was further heightened with the creation of an advanced signature scheme that would allow Ethereum users to sign any transaction on Injective with any EVM compatible wallet such as MetaMask.
As the ecosystem continued to grow, so did Injective's efforts towards creating routes to new chains. Injective was one of the first chains to natively adopt IBC compatibility, effectively allowing developers to seamlessly transfer data and assets. This allows any asset to seamlessly flow into Injective from any other IBC-enabled blockchain.
Last year, Injective began to make even larger strides towards interoperability when it integrated Wormhole, making it one of the first chains to do so. This also allowed Injective to interact directly with prominent blockchains such as Solana.
The Injective Bridge: Ionic Upgrade
The Ionic upgrade brings Injective to an entirely new level. Now for the first time, users and developers alike will be able to leverage one click bridging from any major chain onto Injective.
With the Ionic Upgrade, Injective users will be able to bridge any asset from the larger IBC ecosystem, bridge the latest assets via Wormhole 2.0 (without ever leaving Injective), and also continuously bridge any ERC20 token via Injective’s native Ethereum bridge (Peggy bridge). Under the hood, this is an extensive lift by developers in the Injective ecosystem who worked to tightly integrate all of the distinct interoperability frameworks into one standalone product. As a result, the complexities around bridging across individual chains are all abstracted away into one unified product built on Injective.
One Click Bridging
One Click Deposits on the Injective Bridge
The Ionic upgrade provides everyone with an intuitive user experience that makes onboarding onto Injective easier than ever before! With only a click, you can deposit from major networks such as Ethereum, Polygon and more. Major assets such as USDT, wETH and more can also be bridged onto Injective where the user can also designate the recipient address. This provides far more flexibility than before, where anyone can choose to bridge assets onto a different wallet or network.
Seamless Chain Access
The Injective Bridge Portal
Now developers and users alike can transfer from a host of chains including EVM chains such as Ethereum, non-EVM chains such as Solana and IBC-enabled chains such as Celestia. The same deposit framework outlined above is retained, meaning that regardless of which chain or asset is selected, the entire process can be completed with just a click.
Furthermore, the balances for any asset across any chain can be viewed on the same page, allowing users to have a complete view of their holdings.
Expanded Transaction Monitoring
The Bridge Process on Injective
Every single step of the bridging process can be monitored by users at all times. The flow begins of course with the user initiating the bridge process with one click at the start. From there, the entire bridging experience is abstracted away.
If users choose to do so, they can view the transaction on the explorer for the initial chain such as Etherscan for Ethereum. In addition, once the asset appears on Injective, the Injective Explorer can be used to view the asset as well.
Users do not need to be on the bridge page after they make the initial deposit, so even if the site is closed, the bridging process will occur just the same. The new monitoring system provides everyone with further peace of mind as now assets can always be tracked through a simple UI and more detailed explorers as well.
Comprehensive Bridging History
Injective Bridge History
The Ionic upgrade for the Injective Bridge also provides for the first time a detailed history of any transfer made.
The initial overview provides the exact timestamps as well so a user can always view the page at a later date. Expanding the "Completed" dropdown will also highlight the exact bridge amount, the transaction hash with an explorer link and the wallets involved in the bridging process.
Enhanced Ethereum Compatibility
Injective's compatibility with Ethereum is further highlighted by lightning fast transfer times for both deposits and withdrawals. Unlike other blockchains today where withdrawals can take up to a week, withdrawals on Injective take only minutes!
As a result, Injective today becomes the fastest chain for interacting with Ethereum and EVM native assets.
Near Zero Fees
Injective release of Gas Compression is also now integrated into the new bridging process, meaning that transactions incur the lowest fees in all of crypto! In the end, this means users are able to retain more of their funds on Injective compared to any other L1 network today.
Wormhole Gateway Integration
The Wormhole experience is also now directly embedded into the Injective Bridge for the first time. As a result, users no longer need to navigate multiple bridge providers or Portal Bridge to make their Wormhole native transfers to Injective.
Assets from chains such as Solana, Polygon, Arbitrum and more can now rapidly be deposited onto Injective. Wallets such as Phantom, Keplr and MetaMask can be utilized for the bridging experience, meaning that users can continue to use familiar wallets to onboard onto Injective.
Wormhole Migration
With the introduction of Wormhole Gateway, a paradigm shift occurred. Tokens bridged in through this upgraded mechanism are automatically designated as bank tokens, the canonical version of the asset on Injective.
Previously, tokens bridged into Injective via Wormhole were designated as CW20 tokens. While these tokens served their purpose, they lacked the seamless interoperability required for optimal performance within the Injective environment. CW20 tokens, although functional, needed to undergo a conversion process into Bank denom tokens to unlock their full potential within the ecosystem. This conversion facilitated compatibility with essential components like the on-chain Injective orderbook module and dApps across the ecosystem.
With the Ionic upgrade directly integrating Wormhole Gateway, users no longer need to manually convert bridged assets into Bank assets. This process now occurs automatically with the new upgrade, significantly enhancing the seamlessness and efficiency of bridging for end-users. As a result, when users bridge a new asset or wish to quickly create markets for tokens, they can do so without any hassle or in-depth technical knowledge about distinct token denominations.
Wormhole Legacy Assets
Starting now, Injective users are encouraged to transition their existing "legacy" tokens to the new Wormhole Gateway standard through the revamped Injective Bridge.
For users with tokens previously bridged into Injective via Wormhole, a "LEGACY" suffix will be assigned. Migrating legacy tokens to the one unified token standard can also be achieved in one click using the Injective Bridge! The Injective bridge provides a user-friendly interface for this migration process, ensuring a smooth transition without compromising on security or efficiency.
Migrating to one standard will ensure far more composability for assets and new use cases as a whole as dApps across the Injective ecosystem begin to follow one standard.
A New Era of Interoperability
The introduction of the Ionic upgrade to the Injective Bridge represents a major milestone in the evolution of Web3 infrastructure as a whole.
For the first time, anyone can effortlessly deposit assets onto Injective from a host of different networks in one unified product, opening up a world of possibilities for Web3 finance enthusiasts and developers alike. One click deposits, enhanced transaction monitoring, and major optimizations across the infrastructure stack alongside the lowest fees in all of crypto, enable Injective to truly provide the best bridging experience to date. In turn, this allows for far higher levels of composability than what was previously thought to be possible.
By embracing enhanced token standards and prioritizing interoperability, Injective continues to empower users with unparalleled flexibility and efficiency in their digital asset transactions.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
The Next Generation Injective Bridge: Ionic Upgrade
Injective today is releasing the ionic upgrade to the Injective Bridge, unveiling the most advanced interoperability solution in crypto alongside a superior user experience with near zero fees.
The all new Injective Bridge will unify one click bridging across major chains including Ethereum, Solana and Cosmos. In addition, it brings a revamped UX with easy deposit functions, comprehensive transaction histories and state of the art transfer tracking mechanisms.
Background
Injective today is one of the most interoperable L1 blockchains in existence. This was achieved via strategically integrating some of the most widely utilized networks across the expansive crypto industry.
The vision for Injective's interoperability lies in its roots of creating one core hub for all of finance to thrive. To do so, it was essential to ensure that any asset stemming from distinct chains can find a home and easily onboard onto Injective.
Injective developers began by creating the Peggy bridge which tied together Ethereum with Injective itself. This would enable any ERC20 asset to be bridged onto Injective. The synergy with Ethereum itself was further heightened with the creation of an advanced signature scheme that would allow Ethereum users to sign any transaction on Injective with any EVM compatible wallet such as MetaMask.
As the ecosystem continued to grow, so did Injective's efforts towards creating routes to new chains. Injective was one of the first chains to natively adopt IBC compatibility, effectively allowing developers to seamlessly transfer data and assets. This allows any asset to seamlessly flow into Injective from any other IBC-enabled blockchain.
Last year, Injective began to make even larger strides towards interoperability when it integrated Wormhole, making it one of the first chains to do so. This also allowed Injective to interact directly with prominent blockchains such as Solana.
The Injective Bridge: Ionic Upgrade
The Ionic upgrade brings Injective to an entirely new level. Now for the first time, users and developers alike will be able to leverage one click bridging from any major chain onto Injective.
With the Ionic Upgrade, Injective users will be able to bridge any asset from the larger IBC ecosystem, bridge the latest assets via Wormhole 2.0 (without ever leaving Injective), and also continuously bridge any ERC20 token via Injective’s native Ethereum bridge (Peggy bridge). Under the hood, this is an extensive lift by developers in the Injective ecosystem who worked to tightly integrate all of the distinct interoperability frameworks into one standalone product. As a result, the complexities around bridging across individual chains are all abstracted away into one unified product built on Injective.
One Click Bridging
One Click Deposits on the Injective Bridge
The Ionic upgrade provides everyone with an intuitive user experience that makes onboarding onto Injective easier than ever before! With only a click, you can deposit from major networks such as Ethereum, Polygon and more. Major assets such as USDT, wETH and more can also be bridged onto Injective where the user can also designate the recipient address. This provides far more flexibility than before, where anyone can choose to bridge assets onto a different wallet or network.
Seamless Chain Access
The Injective Bridge Portal
Now developers and users alike can transfer from a host of chains including EVM chains such as Ethereum, non-EVM chains such as Solana and IBC-enabled chains such as Celestia. The same deposit framework outlined above is retained, meaning that regardless of which chain or asset is selected, the entire process can be completed with just a click.
Furthermore, the balances for any asset across any chain can be viewed on the same page, allowing users to have a complete view of their holdings.
Expanded Transaction Monitoring
The Bridge Process on Injective
Every single step of the bridging process can be monitored by users at all times. The flow begins of course with the user initiating the bridge process with one click at the start. From there, the entire bridging experience is abstracted away.
If users choose to do so, they can view the transaction on the explorer for the initial chain such as Etherscan for Ethereum. In addition, once the asset appears on Injective, the Injective Explorer can be used to view the asset as well.
Users do not need to be on the bridge page after they make the initial deposit, so even if the site is closed, the bridging process will occur just the same. The new monitoring system provides everyone with further peace of mind as now assets can always be tracked through a simple UI and more detailed explorers as well.
Comprehensive Bridging History
Injective Bridge History
The Ionic upgrade for the Injective Bridge also provides for the first time a detailed history of any transfer made.
The initial overview provides the exact timestamps as well so a user can always view the page at a later date. Expanding the "Completed" dropdown will also highlight the exact bridge amount, the transaction hash with an explorer link and the wallets involved in the bridging process.
Enhanced Ethereum Compatibility
Injective's compatibility with Ethereum is further highlighted by lightning fast transfer times for both deposits and withdrawals. Unlike other blockchains today where withdrawals can take up to a week, withdrawals on Injective take only minutes!
As a result, Injective today becomes the fastest chain for interacting with Ethereum and EVM native assets.
Near Zero Fees
Injective release of Gas Compression is also now integrated into the new bridging process, meaning that transactions incur the lowest fees in all of crypto! In the end, this means users are able to retain more of their funds on Injective compared to any other L1 network today.
Wormhole Gateway Integration
The Wormhole experience is also now directly embedded into the Injective Bridge for the first time. As a result, users no longer need to navigate multiple bridge providers or Portal Bridge to make their Wormhole native transfers to Injective.
Assets from chains such as Solana, Polygon, Arbitrum and more can now rapidly be deposited onto Injective. Wallets such as Phantom, Keplr and MetaMask can be utilized for the bridging experience, meaning that users can continue to use familiar wallets to onboard onto Injective.
Wormhole Migration
With the introduction of Wormhole Gateway, a paradigm shift occurred. Tokens bridged in through this upgraded mechanism are automatically designated as bank tokens, the canonical version of the asset on Injective.
Previously, tokens bridged into Injective via Wormhole were designated as CW20 tokens. While these tokens served their purpose, they lacked the seamless interoperability required for optimal performance within the Injective environment. CW20 tokens, although functional, needed to undergo a conversion process into Bank denom tokens to unlock their full potential within the ecosystem. This conversion facilitated compatibility with essential components like the on-chain Injective orderbook module and dApps across the ecosystem.
With the Ionic upgrade directly integrating Wormhole Gateway, users no longer need to manually convert bridged assets into Bank assets. This process now occurs automatically with the new upgrade, significantly enhancing the seamlessness and efficiency of bridging for end-users. As a result, when users bridge a new asset or wish to quickly create markets for tokens, they can do so without any hassle or in-depth technical knowledge about distinct token denominations.
Wormhole Legacy Assets
Starting now, Injective users are encouraged to transition their existing "legacy" tokens to the new Wormhole Gateway standard through the revamped Injective Bridge.
For users with tokens previously bridged into Injective via Wormhole, a "LEGACY" suffix will be assigned. Migrating legacy tokens to the one unified token standard can also be achieved in one click using the Injective Bridge! The Injective bridge provides a user-friendly interface for this migration process, ensuring a smooth transition without compromising on security or efficiency.
Migrating to one standard will ensure far more composability for assets and new use cases as a whole as dApps across the Injective ecosystem begin to follow one standard.
A New Era of Interoperability
The introduction of the Ionic upgrade to the Injective Bridge represents a major milestone in the evolution of Web3 infrastructure as a whole.
For the first time, anyone can effortlessly deposit assets onto Injective from a host of different networks in one unified product, opening up a world of possibilities for Web3 finance enthusiasts and developers alike. One click deposits, enhanced transaction monitoring, and major optimizations across the infrastructure stack alongside the lowest fees in all of crypto, enable Injective to truly provide the best bridging experience to date. In turn, this allows for far higher levels of composability than what was previously thought to be possible.
By embracing enhanced token standards and prioritizing interoperability, Injective continues to empower users with unparalleled flexibility and efficiency in their digital asset transactions.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
The all new Injective Bridge will unify one click bridging across major chains including Ethereum, Solana and Cosmos. In addition, it brings a revamped UX with easy deposit functions, comprehensive transaction histories and state of the art transfer tracking mechanisms.
Background
Injective today is one of the most interoperable L1 blockchains in existence. This was achieved via strategically integrating some of the most widely utilized networks across the expansive crypto industry.
The vision for Injective's interoperability lies in its roots of creating one core hub for all of finance to thrive. To do so, it was essential to ensure that any asset stemming from distinct chains can find a home and easily onboard onto Injective.
Injective developers began by creating the Peggy bridge which tied together Ethereum with Injective itself. This would enable any ERC20 asset to be bridged onto Injective. The synergy with Ethereum itself was further heightened with the creation of an advanced signature scheme that would allow Ethereum users to sign any transaction on Injective with any EVM compatible wallet such as MetaMask.
As the ecosystem continued to grow, so did Injective's efforts towards creating routes to new chains. Injective was one of the first chains to natively adopt IBC compatibility, effectively allowing developers to seamlessly transfer data and assets. This allows any asset to seamlessly flow into Injective from any other IBC-enabled blockchain.
Last year, Injective began to make even larger strides towards interoperability when it integrated Wormhole, making it one of the first chains to do so. This also allowed Injective to interact directly with prominent blockchains such as Solana.
The Injective Bridge: Ionic Upgrade
The Ionic upgrade brings Injective to an entirely new level. Now for the first time, users and developers alike will be able to leverage one click bridging from any major chain onto Injective.
With the Ionic Upgrade, Injective users will be able to bridge any asset from the larger IBC ecosystem, bridge the latest assets via Wormhole 2.0 (without ever leaving Injective), and also continuously bridge any ERC20 token via Injective’s native Ethereum bridge (Peggy bridge). Under the hood, this is an extensive lift by developers in the Injective ecosystem who worked to tightly integrate all of the distinct interoperability frameworks into one standalone product. As a result, the complexities around bridging across individual chains are all abstracted away into one unified product built on Injective.
One Click Bridging
One Click Deposits on the Injective Bridge
The Ionic upgrade provides everyone with an intuitive user experience that makes onboarding onto Injective easier than ever before! With only a click, you can deposit from major networks such as Ethereum, Polygon and more. Major assets such as USDT, wETH and more can also be bridged onto Injective where the user can also designate the recipient address. This provides far more flexibility than before, where anyone can choose to bridge assets onto a different wallet or network.
Seamless Chain Access
The Injective Bridge Portal
Now developers and users alike can transfer from a host of chains including EVM chains such as Ethereum, non-EVM chains such as Solana and IBC-enabled chains such as Celestia. The same deposit framework outlined above is retained, meaning that regardless of which chain or asset is selected, the entire process can be completed with just a click.
Furthermore, the balances for any asset across any chain can be viewed on the same page, allowing users to have a complete view of their holdings.
Expanded Transaction Monitoring
The Bridge Process on Injective
Every single step of the bridging process can be monitored by users at all times. The flow begins of course with the user initiating the bridge process with one click at the start. From there, the entire bridging experience is abstracted away.
If users choose to do so, they can view the transaction on the explorer for the initial chain such as Etherscan for Ethereum. In addition, once the asset appears on Injective, the Injective Explorer can be used to view the asset as well.
Users do not need to be on the bridge page after they make the initial deposit, so even if the site is closed, the bridging process will occur just the same. The new monitoring system provides everyone with further peace of mind as now assets can always be tracked through a simple UI and more detailed explorers as well.
Comprehensive Bridging History
Injective Bridge History
The Ionic upgrade for the Injective Bridge also provides for the first time a detailed history of any transfer made.
The initial overview provides the exact timestamps as well so a user can always view the page at a later date. Expanding the "Completed" dropdown will also highlight the exact bridge amount, the transaction hash with an explorer link and the wallets involved in the bridging process.
Enhanced Ethereum Compatibility
Injective's compatibility with Ethereum is further highlighted by lightning fast transfer times for both deposits and withdrawals. Unlike other blockchains today where withdrawals can take up to a week, withdrawals on Injective take only minutes!
As a result, Injective today becomes the fastest chain for interacting with Ethereum and EVM native assets.
Near Zero Fees
Injective release of Gas Compression is also now integrated into the new bridging process, meaning that transactions incur the lowest fees in all of crypto! In the end, this means users are able to retain more of their funds on Injective compared to any other L1 network today.
Wormhole Gateway Integration
The Wormhole experience is also now directly embedded into the Injective Bridge for the first time. As a result, users no longer need to navigate multiple bridge providers or Portal Bridge to make their Wormhole native transfers to Injective.
Assets from chains such as Solana, Polygon, Arbitrum and more can now rapidly be deposited onto Injective. Wallets such as Phantom, Keplr and MetaMask can be utilized for the bridging experience, meaning that users can continue to use familiar wallets to onboard onto Injective.
Wormhole Migration
With the introduction of Wormhole Gateway, a paradigm shift occurred. Tokens bridged in through this upgraded mechanism are automatically designated as bank tokens, the canonical version of the asset on Injective.
Previously, tokens bridged into Injective via Wormhole were designated as CW20 tokens. While these tokens served their purpose, they lacked the seamless interoperability required for optimal performance within the Injective environment. CW20 tokens, although functional, needed to undergo a conversion process into Bank denom tokens to unlock their full potential within the ecosystem. This conversion facilitated compatibility with essential components like the on-chain Injective orderbook module and dApps across the ecosystem.
With the Ionic upgrade directly integrating Wormhole Gateway, users no longer need to manually convert bridged assets into Bank assets. This process now occurs automatically with the new upgrade, significantly enhancing the seamlessness and efficiency of bridging for end-users. As a result, when users bridge a new asset or wish to quickly create markets for tokens, they can do so without any hassle or in-depth technical knowledge about distinct token denominations.
Wormhole Legacy Assets
Starting now, Injective users are encouraged to transition their existing "legacy" tokens to the new Wormhole Gateway standard through the revamped Injective Bridge.
For users with tokens previously bridged into Injective via Wormhole, a "LEGACY" suffix will be assigned. Migrating legacy tokens to the one unified token standard can also be achieved in one click using the Injective Bridge! The Injective bridge provides a user-friendly interface for this migration process, ensuring a smooth transition without compromising on security or efficiency.
Migrating to one standard will ensure far more composability for assets and new use cases as a whole as dApps across the Injective ecosystem begin to follow one standard.
A New Era of Interoperability
The introduction of the Ionic upgrade to the Injective Bridge represents a major milestone in the evolution of Web3 infrastructure as a whole.
For the first time, anyone can effortlessly deposit assets onto Injective from a host of different networks in one unified product, opening up a world of possibilities for Web3 finance enthusiasts and developers alike. One click deposits, enhanced transaction monitoring, and major optimizations across the infrastructure stack alongside the lowest fees in all of crypto, enable Injective to truly provide the best bridging experience to date. In turn, this allows for far higher levels of composability than what was previously thought to be possible.
By embracing enhanced token standards and prioritizing interoperability, Injective continues to empower users with unparalleled flexibility and efficiency in their digital asset transactions.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
Artemis Integrates Injective to Provide Institutional On-Chain Data to Users
Today, Artemis announces its integration of Injective, providing institutional-grade analytics for all Injective and Artemis users alike. Having access to comprehensive data analytics is paramount for making informed decisions, and with a mission to bring transparency and first principles to the crypto sphere, Artemis paves the way for smarter investments and strategic developments within the industry.
Injective users and dApps will now have access to a comprehensive dashboard, offering chain-level metrics within the Injective ecosystem.
What is Artemis?
Artemis is a data analytics platform that provides institutional grade analytics to protocols and users. Whether you're a protocol seeking to communicate effectively with institutions or an investor looking to delve deep into blockchain health metrics, Artemis provides the tools necessary to dive further into any ecosystem.
Artemis offers four distinct products, each catering to different preferences in data consumption:
Terminal: A powerful dashboard providing a user-friendly interface to explore essential on-chain metrics.
Sheets: Accessible spreadsheet plugin allowing users to pull on-chain data into spreadsheets for in-depth analysis and customizable data sets.
Datashare: have access to Artemis’ entire data warehouse for advanced analytics like sybil detection and wallet-level analysis.
API Plugin: Seamlessly integrating with existing platforms for enhanced functionality and data accessibility.
Artemis Integration with Injective
Due to the immense surge in interest for Injective, Artemis integrated on-chain data for Injective.
On the chain level, Artemis users can now access a plethora of vital metrics related to Injective Protocol's activity. This includes, but is not limited to:
Daily Active Addresses: Understanding user engagement and network activity.
Daily Transactions: Monitoring transactional volume and network throughput.
Fees: Gauging the overall protocol fees generated by the Injective ecosystem.
DEX Volumes: Tracking decentralized exchange activity within the protocol.
This holistic approach empowers users to gain deeper insights into the protocol's growth trajectory and underlying health.
The Future of Artemis and Injective
The integration between Artemis and Injective is not just about current capabilities but also about future opportunities. Artemis envisions providing detailed views on different dApps within the Injective ecosystem, allowing users to understand how each application contributes to the broader chain.
This granular insight will enable users and institutions alike to make more nuanced decisions, identifying promising dApps and emerging trends within the Injective ecosystem. Likewise, protocols will benefit from enhanced transparency and the ability to effectively communicate their value propositions to the wider community.
The integration of Artemis with Injective represents a substantial leap forward in empowering not just Injective users, but also projects and interested investors. Through its provision of transparent, data-driven insights, Artemis equips all stakeholders with a comprehensive understanding of the activity within Injective. This, in turn, facilitates effective monitoring and fosters growth within the network.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
Injective users and dApps will now have access to a comprehensive dashboard, offering chain-level metrics within the Injective ecosystem.
What is Artemis?
Artemis is a data analytics platform that provides institutional grade analytics to protocols and users. Whether you're a protocol seeking to communicate effectively with institutions or an investor looking to delve deep into blockchain health metrics, Artemis provides the tools necessary to dive further into any ecosystem.
Artemis offers four distinct products, each catering to different preferences in data consumption:
Terminal: A powerful dashboard providing a user-friendly interface to explore essential on-chain metrics.
Sheets: Accessible spreadsheet plugin allowing users to pull on-chain data into spreadsheets for in-depth analysis and customizable data sets.
Datashare: have access to Artemis’ entire data warehouse for advanced analytics like sybil detection and wallet-level analysis.
API Plugin: Seamlessly integrating with existing platforms for enhanced functionality and data accessibility.
Artemis Integration with Injective
Due to the immense surge in interest for Injective, Artemis integrated on-chain data for Injective.
On the chain level, Artemis users can now access a plethora of vital metrics related to Injective Protocol's activity. This includes, but is not limited to:
Daily Active Addresses: Understanding user engagement and network activity.
Daily Transactions: Monitoring transactional volume and network throughput.
Fees: Gauging the overall protocol fees generated by the Injective ecosystem.
DEX Volumes: Tracking decentralized exchange activity within the protocol.
This holistic approach empowers users to gain deeper insights into the protocol's growth trajectory and underlying health.
The Future of Artemis and Injective
The integration between Artemis and Injective is not just about current capabilities but also about future opportunities. Artemis envisions providing detailed views on different dApps within the Injective ecosystem, allowing users to understand how each application contributes to the broader chain.
This granular insight will enable users and institutions alike to make more nuanced decisions, identifying promising dApps and emerging trends within the Injective ecosystem. Likewise, protocols will benefit from enhanced transparency and the ability to effectively communicate their value propositions to the wider community.
The integration of Artemis with Injective represents a substantial leap forward in empowering not just Injective users, but also projects and interested investors. Through its provision of transparent, data-driven insights, Artemis equips all stakeholders with a comprehensive understanding of the activity within Injective. This, in turn, facilitates effective monitoring and fosters growth within the network.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
Injective and AltLayer Bring Restaking Security to EVM Applications
Injective is officially collaborating with AltLayer to create the first ever restaking security framework for on-chain inEVM applications. Starting now, inEVM can leverage the security of not only Injective but also Ethereum as a whole, bringing the security of over $400 Billion in assets to the world of inEVM.With this integration, inEVM is able to be more simultaneously Ethereum and Injective aligned than ever before, further merging two of the most vibrant L1 ecosystems to date.
Injective’s inEVM enables Ethereum developers to build applications that can uniquely leverage Injective’s blazing fast speeds and near zero fees while simultaneously achieving composability across the WASM and EVM world. In turn, this allows Injective to be the only L1 blockchain capable of unifying the interoperability of Cosmos with the speed of Solana and the developer access of Ethereum.
Together with AltLayer, Injective inEVM is introducing an entirely new design framework to bring to EVM transactions whereby on-chain state validation is carried out with a network of nodes with economic backing, which in turn ensures optimal security and reliability across the entire rollup stack.
What is AltLayer?
AltLayer stands at the forefront of rollup technology, offering a comprehensive suite of solutions designed to address the scalability challenges facing Web3 applications. Central to AltLayer's offerings is its novel product, 'restaked rollups', which supplement existing rollups with enhanced security, decentralization, and interoperability by leveraging the restaking mechanism.
AltLayer is backed by some of the largest institutions in the industry including Polychain Capital, Binance Labs and Jump Crypto.
AltLayer and Injective Bring Fast Finality to inEVM
Restaking based security aims to bring Ethereum security to inEVM and thereby applications built on inEVM.
This is achieved via AltLayer’s MACH framework via which a network of nodes is set up to perform state validation for the inEVM stack. Upon any detection of an invalid state, a governance proposal will be initiated on-chain to react to the invalid state. If the proposal is approved, MACH's circuit breaker mechanism will automatically halt inEVM's RPC service, protecting users from further malicious operations and enabling them to initiate the process of recalling the transaction altogether.
By doing so, inEVM can leverage the security of not only Injective but also Ethereum as a whole, bringing the security of over $400 Billion to inEVM.
The Future of MACH: Lightning Fast Finality on inEVM
To accelerate the finality of rollups, AltLayer introduced MACH: a fast finality layer for Ethereum. In essence, the protocol is designed to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state. AltLayer aims to bring the MACH protocol to inEVM in the future as well.
By bringing fast finality rollup services to inEVM, AltLayer and Injective together can empower developers and users alike to leverage the scalability and security benefits of MACH within the platform. This is achieved via distinct validity modes: pessimistic mode, optimistic mode and validity proof mode.
Pessimistic Mode
Pessimistic Mode. Image provided by AltLayer.
Within the pessimistic mode, each new state is considered invalid by default and therefore transactions leading to that state are re-executed. As a result, the inEVM operator feeds transaction data directly to the MACH network which in turn re-executes the transaction and reaches consensus on the validity of the proposed state by the operator.
Optimistic Mode
Optimistic Mode. Image provided by AltLayer.
In this mode, the rollup operator asserts a state claim on the MACH protocol, stating that the execution of a specific block of transactions leads to a particular state commitment.
Within this framework, any node in the MACH network can then challenge the claim and prove that the new state is not valid by engaging with the inEVM operator in a bisection protocol.
Optimistic Mode with ZK Proofs
Optimistic Mode with ZK Proofs. Image provided by AltLayer.
A variation on the model above relies on the implementation of ZK Fault Proofs. This setup assumes the existence of at least one honest node in the MACH network and network nodes are mostly in observation mode. In theory, this model would replace the prior bisection protocol with on-demand ZK Proofs in which such proofs are generated in case of a challenge.
Validity Proof Mode
Validity Proof Mode. Image provided by AltLayer.
In the final mode of the MACH network acts as a decentralized verifier network for validity proofs. The rollup operator such as a sequencer will commit to a newly set of transactions, the resulting state, together with the validity proof on MACH. The MACH network will then verify and reach consensus on the validity of the proof.
Ethereum Restaked Security on inEVM
Ethereum Restaked Security is a major paradigm shift for inEVM and the world of crypto as a whole. For the first time in history, Ethereum’s $400 Billion network can be utilized to bring security enhancements to rollups built on Injective such as inEVM.
inEVM brings a groundbreaking infrastructure stack designed to hyperscale multi VM development. With inEVM, builders can create a legion of new applications that not only retain the highest performance standards but also directly composes across the IBC and Solana ecosystems over time. With a dedicated network of nodes validating inEVM states and on-chain alerts providing real-time notifications of potentially invalid states, users can transact with confidence on inEVM, knowing that their transactions are protected at all times.
Every single facet of inEVM has been custom built to meet the needs of sophisticated applications, including a hyper scalable execution layer as well as a modular DA layer. This combined with the near zero fees offered by Injective, makes inEVM the foremost solution for Ethereum native builders everywhere.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
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Injective’s inEVM enables Ethereum developers to build applications that can uniquely leverage Injective’s blazing fast speeds and near zero fees while simultaneously achieving composability across the WASM and EVM world. In turn, this allows Injective to be the only L1 blockchain capable of unifying the interoperability of Cosmos with the speed of Solana and the developer access of Ethereum.
Together with AltLayer, Injective inEVM is introducing an entirely new design framework to bring to EVM transactions whereby on-chain state validation is carried out with a network of nodes with economic backing, which in turn ensures optimal security and reliability across the entire rollup stack.
What is AltLayer?
AltLayer stands at the forefront of rollup technology, offering a comprehensive suite of solutions designed to address the scalability challenges facing Web3 applications. Central to AltLayer's offerings is its novel product, 'restaked rollups', which supplement existing rollups with enhanced security, decentralization, and interoperability by leveraging the restaking mechanism.
AltLayer is backed by some of the largest institutions in the industry including Polychain Capital, Binance Labs and Jump Crypto.
AltLayer and Injective Bring Fast Finality to inEVM
Restaking based security aims to bring Ethereum security to inEVM and thereby applications built on inEVM.
This is achieved via AltLayer’s MACH framework via which a network of nodes is set up to perform state validation for the inEVM stack. Upon any detection of an invalid state, a governance proposal will be initiated on-chain to react to the invalid state. If the proposal is approved, MACH's circuit breaker mechanism will automatically halt inEVM's RPC service, protecting users from further malicious operations and enabling them to initiate the process of recalling the transaction altogether.
By doing so, inEVM can leverage the security of not only Injective but also Ethereum as a whole, bringing the security of over $400 Billion to inEVM.
The Future of MACH: Lightning Fast Finality on inEVM
To accelerate the finality of rollups, AltLayer introduced MACH: a fast finality layer for Ethereum. In essence, the protocol is designed to provide faster finality to rollups by allowing operators to restake Ethereum-based assets to back any claims on the rollup state. AltLayer aims to bring the MACH protocol to inEVM in the future as well.
By bringing fast finality rollup services to inEVM, AltLayer and Injective together can empower developers and users alike to leverage the scalability and security benefits of MACH within the platform. This is achieved via distinct validity modes: pessimistic mode, optimistic mode and validity proof mode.
Pessimistic Mode
Pessimistic Mode. Image provided by AltLayer.
Within the pessimistic mode, each new state is considered invalid by default and therefore transactions leading to that state are re-executed. As a result, the inEVM operator feeds transaction data directly to the MACH network which in turn re-executes the transaction and reaches consensus on the validity of the proposed state by the operator.
Optimistic Mode
Optimistic Mode. Image provided by AltLayer.
In this mode, the rollup operator asserts a state claim on the MACH protocol, stating that the execution of a specific block of transactions leads to a particular state commitment.
Within this framework, any node in the MACH network can then challenge the claim and prove that the new state is not valid by engaging with the inEVM operator in a bisection protocol.
Optimistic Mode with ZK Proofs
Optimistic Mode with ZK Proofs. Image provided by AltLayer.
A variation on the model above relies on the implementation of ZK Fault Proofs. This setup assumes the existence of at least one honest node in the MACH network and network nodes are mostly in observation mode. In theory, this model would replace the prior bisection protocol with on-demand ZK Proofs in which such proofs are generated in case of a challenge.
Validity Proof Mode
Validity Proof Mode. Image provided by AltLayer.
In the final mode of the MACH network acts as a decentralized verifier network for validity proofs. The rollup operator such as a sequencer will commit to a newly set of transactions, the resulting state, together with the validity proof on MACH. The MACH network will then verify and reach consensus on the validity of the proof.
Ethereum Restaked Security on inEVM
Ethereum Restaked Security is a major paradigm shift for inEVM and the world of crypto as a whole. For the first time in history, Ethereum’s $400 Billion network can be utilized to bring security enhancements to rollups built on Injective such as inEVM.
inEVM brings a groundbreaking infrastructure stack designed to hyperscale multi VM development. With inEVM, builders can create a legion of new applications that not only retain the highest performance standards but also directly composes across the IBC and Solana ecosystems over time. With a dedicated network of nodes validating inEVM states and on-chain alerts providing real-time notifications of potentially invalid states, users can transact with confidence on inEVM, knowing that their transactions are protected at all times.
Every single facet of inEVM has been custom built to meet the needs of sophisticated applications, including a hyper scalable execution layer as well as a modular DA layer. This combined with the near zero fees offered by Injective, makes inEVM the foremost solution for Ethereum native builders everywhere.
About Injective
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.
Website | Telegram | Discord | Blog | Twitter | Learn | Youtube | Facebook|LinkedIn | Reddit | Instagram | Orbit Newsletter
